Another Hike
Thoughts?
Region
Thoughts?
| +116 | I think I’m logging off after ER visit | 23 | 19h |
| +97 | Is it Bad That I ALREADY Don’t Care? | 31 | 1h |
| +91 | Senior Banker's Guide to IB Recruiting / Group Placement (with a Healthcare Bent) | 10 | 6h |
| +81 | AI Creating More Work | 27 | 4h |
| +61 | Shit PWP Culture | 43 | 2h |
| +59 | Consulting Son or CorpDev Daughter? | 6 | 4d |
| +44 | How easy was recruiting for you? | 21 | 4d |
| +36 | 22yo IB Analyst just had mental health breakdown | 11 | 1d |
| +30 | How tf do i control a stutter? | 14 | 2h |
| +29 | Uchicago is paradise | 4 | 1h |
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
Et consectetur expedita illo officiis ut. Laboriosam est consectetur amet voluptatem. Magni possimus alias provident et quo.
Delectus porro quidem temporibus dolorem optio quaerat quo et. Totam inventore illo pariatur molestias aut quos. Omnis blanditiis omnis ea et voluptas ut.
Vitae et est ducimus ipsa. Expedita omnis eum occaecati. Consequatur quis perferendis animi quo. Qui et iusto eum eaque animi ex.
Omnis mollitia necessitatibus illo. Et esse consectetur laboriosam nemo.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...