Imagine for the longest time you stretch and stretch a rubber band, what happened eventually? Initially nothing will happened, the rubber band will be stretch and stretch until the pressure is too high and then snap!
Let me post a few charts.
2-year Treasury yield touches highest level since 2006 as Fed signals it’s not done hiking.
The Federal Reserve held interest rates steady, while also indicating it still expects one more hike before the end of the year and fewer cuts than previously indicated next year.
Those highly geared companies will suffer. Something will break. It is just when.
Volatility
Anyway, I did some trade yesterday to curb itchy hand. It’s for fast trade (trading around the core point 5). More volatility will come and chance to buy your equities.
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