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The underlying floor of our coming markets continues to be the Fed and when they might lower interest rates.
CBS reports that Americans now owe a collective $1.13 trillion on their credit cards, with an average balance of $6,360.
The Fed’s tightening has also had a major effect on corporate borrowings and mergers and acquisitions.
The underlying floor of our coming markets continues to be the Fed and when they might lower interest rates. They have extolled their Quantitative Tightening as a fight with Inflation....