@arjungn80
Arjun Nagarajan
@arjungn80 · 3:40

US markets await the Tech earnings season next week; PMI numbers beat expectations yet again!

So from a Fed point of view, what is certain for now is a 25 basis points rate hike in the Federal Reserve's May policy seems almost certain. The Fed policy rate will now go to 525. Now after that, how much more rate hikes will happen? So far the markets are expecting rate cuts from the June policy or so. Given all the noise we've heard about the banking system and financial stability concerns and contagion concerns in March, though, all of that has actually eased

#Tech #PMI #US #macro

@avneet_
Avneet .
@avneet_ · 0:32
Hi there. And first of all, really thanks for filling us with this information. And I'm a business economic student myself, so I really do have to keep a close tabs on all this. Recently we made a presentation on US recessionish ish because, you know, it still hasn't happened and its possible impacts on the world's and economy. So I'm regretting that I didn't listen to this earlier
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