Global central banks have officially lost their minds. From synchronized over-easing in 2020 to synchronized over-tightening now.
The Bank Of Canada just raised by 1%. The largest rate hike since Aug. 1998.https://t.co/Lx4GMl0ibH pic.twitter.com/U0R8HxbKAb
— Mac10 (@SuburbanDrone) July 13, 2022
Bank Of Canada "Front Loads" Tightening, Shocks Market With 100bps Rate-Hike https://t.co/sw5xcBhSbA
— zerohedge (@zerohedge) July 13, 2022
Volatility hasn't even begun pic.twitter.com/Gv7DoynSSJ
— Farris BABA (@farrisbaba) July 13, 2022
The Flood Begins: Bank Of America Now Forecasts "Mild Recession" Starting In Second Half Of 2022 https://t.co/39boWNE6pl
— zerohedge (@zerohedge) July 13, 2022
Back to year 2000 for 2s10s yield curve as inversion deepens pic.twitter.com/JK3iKSr92U
— Liz Ann Sonders (@LizAnnSonders) July 13, 2022