Another Hike
Thoughts?
Region
Thoughts?
| +196 | Evercore > Goldman and I don’t think it’s particularly close anymore | 75 | 1h |
| +160 | Article: Why UBS's Asian M&A bankers are thriving and UBS's American M&A bankers are not | 18 | 21h |
| +135 | Think Twice before Recruiting for HOUSTON IB!! | 60 | 16h |
| +74 | I hate Wells Fargo | 20 | 23h |
| +57 | No return offer - feeling like a failure is an understatement | 24 | 23h |
| +50 | How cooked am I as an incoming WF IB SA 2027? | 17 | 2d |
| +48 | WF Return offers | 32 | 14h |
| +41 | Should I go back into a junior IBD role for comp? | 19 | 17h |
| +39 | Mid-Level UBS Departure for another BB (Grass Isn’t Greener…) | 31 | 15h |
| +38 | No RO and Dark Thoughts | 11 | 2d |
Career Resources
The biggest policy miscalculation in living history.
Not even in your living history, which is what I assume is just over 20 years. That would be not raising rates numerous times when they could've in the first place, prior to 2019, and then keeping rates too low for too long. This extremely well-telegraphed 25bps hike means very little.
Next fed meeting is in May I believe. It’s looking like a year of rate hikes. All speculation.
I did post this on another thread, but what are the consequences of the government essentially backing banks?
What will the fallout be?
It's a good question and one I've considered. Powell claims the banks are stable because the government can just bail out any bank that fails. But at what cost? Honestly I don't know the economics of bailing out the U.S's largest banks amidst record high inflation and peak interest rates. Seems like we're living in a fucked up science experiment
Quo sunt est facere numquam aut unde ipsa inventore. Sed reprehenderit illo mollitia eveniet.
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