One has to wonder how the books of many of these debt-laden SP500 companies going look with many having debt rolling over during next year .. going from 2% etc to 5%+.
the amount of jobs advertised in the US is at record highs ... two major inflation drivers ... the FED wants higher unemployment I just don't see this whole aggressive rate cutting coming in 2024 ..more so holding present rate till market correction = deflation forcing the hand of the FED ..
O&G reduction(a big reason why inflation has pulled back) could well turn and bolt much higher unconventional US oil peaking.
..not like the Middle East is out of the woods yet either ... Russia ..
One has to wonder how the books of many of these debt-laden...
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