good points.. I think we will head into a recession as by the time rates catch up to borrowers we would have gone way to far..
there is a YouTube channel called Wealthion, they have great guests that are top of their field in finance/banks/ bonds and fund managers. Well worth a watch to keep an eye on what’s happening in the US. they are all dining the same tune and predicting that there can be no such thing as a soft landing..
here’s the link.. best market/finance interviews you will find.
https://youtube.com/@Wealthion
INR Price at posting:
54.5¢ Sentiment: Hold Disclosure: Held
(20min delay)