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**OFFICIAL** Trading and Investing Thread: Part XVI -- BAG HOLDING EDITION
04-10-2023, 09:11 AM
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#3031
- camaleom
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America needs to do something about OPEC... can't keep relaying on them
whatever that means
nuclear plants, wind, solar, etc... whatever but better start soon or we will be f'ed
whatever that means
nuclear plants, wind, solar, etc... whatever but better start soon or we will be f'ed
"Paper money is going away" - EM
04-10-2023, 09:52 AM
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#3032
- Deathstroke
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- Deathstroke
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Im just thinking about it. My sister and her husband take every dime they have and they invest it. But don’t talk to them much.
Im pretty lost . It’s like all foreign to me.
I just asked my sister she won’t text me back. Im being serious.
Ps. Are WWE shares profitable now that they’ve been merged with ufc?
Pps. Like a 13 year old boy touching his very first boob *in a high pitched voice* “it’s my first time I’ve never done this before!
If wrong thead lemme know delete this post and whoopie.
Im pretty lost . It’s like all foreign to me.
I just asked my sister she won’t text me back. Im being serious.
Ps. Are WWE shares profitable now that they’ve been merged with ufc?
Pps. Like a 13 year old boy touching his very first boob *in a high pitched voice* “it’s my first time I’ve never done this before!
If wrong thead lemme know delete this post and whoopie.
04-10-2023, 10:08 AM
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#3033
- RobParks2M
- mad hatter
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Originally Posted By camaleom⏩
North America isn’t really reliant on Middle East at all except for managing world demand. Worst comes to worst the US/Canada could easily stop exporting and be self sufficient.America needs to do something about OPEC... can't keep relaying on them
whatever that means
nuclear plants, wind, solar, etc... whatever but better start soon or we will be f'ed
whatever that means
nuclear plants, wind, solar, etc... whatever but better start soon or we will be f'ed
Fitness connoisseur
0.4 mg of party's over wake the FK up!
"the personification of greatness"
04-10-2023, 10:16 AM
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#3034
- Lefticle
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Originally Posted By RobParks2M⏩
This.North America isn’t really reliant on Middle East at all except for managing world demand. Worst comes to worst the US/Canada could easily stop exporting and be self sufficient.
Between America, Canada, and Mexico, North America is completely self-sufficient. It would take some trade policy chances, but I'm not worried about OPEC.
Always Neg Back Crew.
04-10-2023, 10:21 AM
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#3035
Originally Posted By camaleom⏩
I use to work for a company that built natural gas and nuclear power plants. We were building them all over the US. NG power plants take anywhere from 1-3 years depending on the scale. Nuclear is 5-10 years. We just shut down a small nuclear plant locally, which cost us billions to do. They built next to a river that had a 100year type flood. IDK what's with these experts building next to natural disaster prone areas.America needs to do something about OPEC... can't keep relaying on them
whatever that means
nuclear plants, wind, solar, etc... whatever but better start soon or we will be f'ed
whatever that means
nuclear plants, wind, solar, etc... whatever but better start soon or we will be f'ed
We definitely don't need OPEC to be self-reliant. The reserves in Alaska are quite notable in size and that's only the oil that we know about since it's mostly unexplored. A good strategy that the US may be doing is not exploring or producing from these to be the last man standing? Not sure.
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04-10-2023, 10:49 AM
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#3036
- Destor
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Yeah things are happening but global oil markets will remain powerful for decades to come, there isn't even enough skilled labour to make it happen more quickly at this point regardless of how much money is thrown at it
Just finishing up a project right now that is a natural gas power plant designed to provide electricity for a few hundred thousand homes
Just finishing up a project right now that is a natural gas power plant designed to provide electricity for a few hundred thousand homes
04-10-2023, 02:39 PM
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#3037
- Bavaria
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Originally Posted By Destor⏩
Were you at the Cascade project by Edson? Hard to get information on that one. Supposed to be online end of this year but I'm assuming early 2024.Yeah things are happening but global oil markets will remain powerful for decades to come, there isn't even enough skilled labour to make it happen more quickly at this point regardless of how much money is thrown at it
Just finishing up a project right now that is a natural gas power plant designed to provide electricity for a few hundred thousand homes
Just finishing up a project right now that is a natural gas power plant designed to provide electricity for a few hundred thousand homes
Power Engineer Crew
Tradie Life
04-10-2023, 03:46 PM
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#3038
- Destor
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Originally Posted By Bavaria⏩
Left you some reps, but not that project noWere you at the Cascade project by Edson? Hard to get information on that one. Supposed to be online end of this year but I'm assuming early 2024.
That's a fukn huge power plant
04-10-2023, 05:17 PM
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#3039
- camaleom
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Originally Posted By _zman⏩
didn't the man the myth the legend Joe Biden approved drilling in alaska just a few weeks ago? LOLI use to work for a company that built natural gas and nuclear power plants. We were building them all over the US. NG power plants take anywhere from 1-3 years depending on the scale. Nuclear is 5-10 years. We just shut down a small nuclear plant locally, which cost us billions to do. They built next to a river that had a 100year type flood. IDK what's with these experts building next to natural disaster prone areas.
We definitely don't need OPEC to be self-reliant. The reserves in Alaska are quite notable in size and that's only the oil that we know about since it's mostly unexplored. A good strategy that the US may be doing is not exploring or producing from these to be the last man standing? Not sure.
We definitely don't need OPEC to be self-reliant. The reserves in Alaska are quite notable in size and that's only the oil that we know about since it's mostly unexplored. A good strategy that the US may be doing is not exploring or producing from these to be the last man standing? Not sure.
"Paper money is going away" - EM
04-10-2023, 06:43 PM
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#3040
- 2020Wellness
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Originally Posted By Deathstroke⏩
Start watching The Money Guy Show on YT. Their video on index funds is a great starting point.Im just thinking about it. My sister and her husband take every dime they have and they invest it. But don’t talk to them much.
Im pretty lost . It’s like all foreign to me.
I just asked my sister she won’t text me back. Im being serious.
Ps. Are WWE shares profitable now that they’ve been merged with ufc?
Pps. Like a 13 year old boy touching his very first boob *in a high pitched voice* “it’s my first time I’ve never done this before!
If wrong thead lemme know delete this post and whoopie.
Im pretty lost . It’s like all foreign to me.
I just asked my sister she won’t text me back. Im being serious.
Ps. Are WWE shares profitable now that they’ve been merged with ufc?
Pps. Like a 13 year old boy touching his very first boob *in a high pitched voice* “it’s my first time I’ve never done this before!
If wrong thead lemme know delete this post and whoopie.
trainingwithryan.substack.com
04-11-2023, 12:39 PM
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#3041
- RobParks2M
- mad hatter
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Anyone see that big box grocery stores are closing in shythole areas? Whole Foods said fuk off San Francisco. Walmart closing 4 stores in Chicago. Think they are closing stores in nice areas?
I hope dems in both locations see this for what it is. Their failed policies that destroyed their police force and essentially legalizing theft. Pandering to the people who hate law and order doesn’t work- you can only push so far before everyone else pushes back.
I hope dems in both locations see this for what it is. Their failed policies that destroyed their police force and essentially legalizing theft. Pandering to the people who hate law and order doesn’t work- you can only push so far before everyone else pushes back.
Fitness connoisseur
0.4 mg of party's over wake the FK up!
"the personification of greatness"
04-11-2023, 01:27 PM
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#3042
- GreatReset1
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[QUOTE=RobParks2M;1680602873]Anyone see that big box grocery stores are closing in shythole areas? Whole Foods said fuk off San Francisco. Walmart closing 4 stores in Chicago. Think they are closing stores in nice areas?
I hope dems in both locations see this for what it is. Their failed policies that destroyed their police force and essentially legalizing theft. Pandering to the people who hate law and order doesn’t work- you can only push so far before everyone else pushes back.[/QUOTE
Carbonfibre supports all of that! He loves Joe Biden!!
I hope dems in both locations see this for what it is. Their failed policies that destroyed their police force and essentially legalizing theft. Pandering to the people who hate law and order doesn’t work- you can only push so far before everyone else pushes back.[/QUOTE
Carbonfibre supports all of that! He loves Joe Biden!!
04-11-2023, 09:04 PM
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#3043
- SipNPiz
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- SipNPiz
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Originally Posted By RobParks2M⏩
Can confirm Walmart left Portland last month, now the remaining Walmarts everything is locked up even **** that is like 50 cents, super annoying and inconvenient to shop there now so I don’t anymore.Anyone see that big box grocery stores are closing in shythole areas? Whole Foods said fuk off San Francisco. Walmart closing 4 stores in Chicago. Think they are closing stores in nice areas?
I hope dems in both locations see this for what it is. Their failed policies that destroyed their police force and essentially legalizing theft. Pandering to the people who hate law and order doesn’t work- you can only push so far before everyone else pushes back.
I hope dems in both locations see this for what it is. Their failed policies that destroyed their police force and essentially legalizing theft. Pandering to the people who hate law and order doesn’t work- you can only push so far before everyone else pushes back.
STEM Wagie Brah
Oil/commodity based trader
04-12-2023, 06:48 AM
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#3044
- camaleom
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- camaleom
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Originally Posted By SipNPiz⏩
Walmart has no security and it's getting rid of associates... what they think is going to happen?Can confirm Walmart left Portland last month, now the remaining Walmarts everything is locked up even **** that is like 50 cents, super annoying and inconvenient to shop there now so I don’t anymore.
with that being said, they put a statement yesterday about the stores not being profitable for 10 years+
"Paper money is going away" - EM
04-12-2023, 07:47 AM
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#3045
04-12-2023, 08:04 AM
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#3046
- RobParks2M
- mad hatter
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Originally Posted By camaleom⏩
It’s crazy because those stores probably do $200m+ in yearly sales and still lost money for 10 straight years. Dam. Goodbye jobs and goodbye place to buy food and get grandma her drugs. Once again the shyty minority ruins things for everyone else in the area. Since thefts aren’t punished it’ll just shift the theft problems to the next closest store till that closes too.Walmart has no security and it's getting rid of associates... what they think is going to happen?
with that being said, they put a statement yesterday about the stores not being profitable for 10 years+
with that being said, they put a statement yesterday about the stores not being profitable for 10 years+
Fitness connoisseur
0.4 mg of party's over wake the FK up!
"the personification of greatness"
04-12-2023, 09:14 AM
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#3047
- RobParks2M
- mad hatter
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- RobParks2M
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Originally Posted By TugOfPeace⏩
I just empathize with people stuck in some of those areas who are going to struggle to access a decent store to buy fresh food at a reasonable price.You live in a chithole city brah? Sounds like you personally affected lol
Also CPI looked good. Oil is holding $80 easy. Bonds still pretty ugly. Does anyone know the last day to buy Ibonds and keep the 6% interest rate for the next 6 months? Also, has anyone calculated the interest rate for the next 6 months? I haven’t bought any more since last year. I don’t know if the rates are even going to be worth buying if the next 6 month rate sucks.
Fitness connoisseur
0.4 mg of party's over wake the FK up!
"the personification of greatness"
04-12-2023, 09:28 AM
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#3048
- Destor
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- Destor
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Just think how much worse inflation would have been over the last decade if major outlets like Walmart weren't eating losses and were actually pricing things sufficiently to turn a profit
Inflation reduction in this sense is effectively margin compression, people should be thankful
Inflation reduction in this sense is effectively margin compression, people should be thankful
04-12-2023, 10:14 AM
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#3049
- Carbonfibre
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- Carbonfibre
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After this morning CPI report.
Fed peak rate is one more hike away.
FOMC in May has 25BPS hike and that is all.
Than pause and cuts start July.

Only way to bring this market down now is if they increase pace of QT and debt ceiling goes to shiit July.
Pretty sure debt ceiling will be non issue.
ATM SP 500 is locked into 3950-4200 range.
Fed peak rate is one more hike away.
FOMC in May has 25BPS hike and that is all.
Than pause and cuts start July.

Only way to bring this market down now is if they increase pace of QT and debt ceiling goes to shiit July.
Pretty sure debt ceiling will be non issue.
ATM SP 500 is locked into 3950-4200 range.
04-12-2023, 10:17 AM
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#3050
04-12-2023, 10:19 AM
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#3051
- Carbonfibre
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- Carbonfibre
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^^^^
Fed speakers have turned dovish too.
Think there is bit of we can't service the debt at high fund rates as well at play.
They probably don't want 5% fund rates too.
So praying and hoping this inflation falling is going down.
Fed speakers have turned dovish too.
Think there is bit of we can't service the debt at high fund rates as well at play.
They probably don't want 5% fund rates too.
So praying and hoping this inflation falling is going down.
04-12-2023, 10:28 AM
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#3052
- Destor
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BoC has already been paused since February, thinking rates will come down like that is pure hopium IMO. There has been almost no pain so far, and the unemployment rate in the US most recently moved downward lol
Was just watching Buffett talk about Volcker back in the '80s needing Secret Service protection
Was just watching Buffett talk about Volcker back in the '80s needing Secret Service protection
04-12-2023, 10:47 AM
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#3053
04-12-2023, 10:55 AM
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#3054
- Carbonfibre
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Originally Posted By SipNPiz⏩
Bond market reading through that like butter.I thought there would be no rate cuts this year per Jpow?
If inflation keeps coming down why would they keep rates up?
This crude bump is going to be problem for April CPI print atm.
In 1 hour we get FOMC minutes.
Last FOMC there was leak that group was 50/50 on March 25BPS hike or no hike.
They want to pause.
About rate cutting yeah I dunno July for rate cuts is too fast.
If Jerome doesn't want repeat of previous fed presidents.
It would make sense to say it again next month no rate cuts this year.
Kill inflation for good instead of cutting and than having to raise again. (that would cause nasty market puke)
04-12-2023, 11:13 AM
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#3055
- Destor
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- Destor
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Yeah rates will stay up as inflation comes down because the lessons of The Great Inflation: cutting rates too early will result in inflation spiking back up. A pause of course does not mean cuts, their plan was to reach a restrictive rate, pause for some amount of time, and watch as inflation continues dropping -- the pause will be when the pain actually occurs.
6 month pause minimum IMO
6 month pause minimum IMO
04-12-2023, 11:25 AM
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#3056
- Carbonfibre
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- Carbonfibre
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I think it will be very difficult in Q3 for Fed.
Election cycle begins Aug/Sept.
You know that both sides will be promising fiscal spending left and right.
Election cycle begins Aug/Sept.
You know that both sides will be promising fiscal spending left and right.
04-12-2023, 11:28 AM
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#3057
- RobParks2M
- mad hatter
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- RobParks2M
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Originally Posted By Destor⏩
They should wait 6 months from last hike. Which means they won’t they’ll cut far sooner LOLYeah rates will stay up as inflation comes down because the lessons of The Great Inflation: cutting rates too early will result in inflation spiking back up. A pause of course does not mean cuts, their plan was to reach a restrictive rate, pause for some amount of time, and watch as inflation continues dropping -- the pause will be when the pain actually occurs.
6 month pause minimum IMO
6 month pause minimum IMO
The big kicker no one seems to be talking about is student loan repayment turning back on. 2nd biggest source of debt behind housing will cut household purchasing power dramatically. Pain is gonna be felt unless they decide to keep extending which seems possible. Biden admin doesn’t want to turn payments back on. Even with $10/20k forgiveness I think people previously adding into savings/investments will be shifting to repayment.
Fitness connoisseur
0.4 mg of party's over wake the FK up!
"the personification of greatness"
04-12-2023, 11:44 AM
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#3058
- Destor
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- Destor
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They really need to wait until they're sure it won't spike up. But you look at speculative stocks and stuff like Bitcoin back at $30k, I know what that tells me
You want to see some crazy spending by the US Govt, check out the guidance interpretation coming out from the Treasury re: Inflation Reduction Act EV incentives. Congressional Budget Office had an $85million impact from the new EV incentive in 2023, about 11,000 vehicles qualifying for the full $7500 taxpayer-funded incentive, now vehicles like the F150 Lightning and Model Y regular trims are apparently qualifying for the full amount plus a swath of other vehicles qualifying for half plus the 3.5 month grace period we're coming out of where everything qualified.
That budget is being absolutely obliterated
You want to see some crazy spending by the US Govt, check out the guidance interpretation coming out from the Treasury re: Inflation Reduction Act EV incentives. Congressional Budget Office had an $85million impact from the new EV incentive in 2023, about 11,000 vehicles qualifying for the full $7500 taxpayer-funded incentive, now vehicles like the F150 Lightning and Model Y regular trims are apparently qualifying for the full amount plus a swath of other vehicles qualifying for half plus the 3.5 month grace period we're coming out of where everything qualified.
That budget is being absolutely obliterated
04-12-2023, 12:47 PM
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#3059
- NestBrah
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Originally Posted By Carbonfibre⏩
RIP USD? Below 100 by summer? And S&P 500 over 4400?After this morning CPI report.
Fed peak rate is one more hike away.
FOMC in May has 25BPS hike and that is all.
Than pause and cuts start July.

Only way to bring this market down now is if they increase pace of QT and debt ceiling goes to shiit July.
Pretty sure debt ceiling will be non issue.
ATM SP 500 is locked into 3950-4200 range.
Fed peak rate is one more hike away.
FOMC in May has 25BPS hike and that is all.
Than pause and cuts start July.

Only way to bring this market down now is if they increase pace of QT and debt ceiling goes to shiit July.
Pretty sure debt ceiling will be non issue.
ATM SP 500 is locked into 3950-4200 range.
04-12-2023, 01:29 PM
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#3060
- taf1968
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Fed minutes out . . . they admit they expect banking crisis to lead to recession.
https://www.cnbc.com/2023/04/12/fed-...utes-show.html
WASHINGTON – Fallout from the U.S. banking crisis is likely to tilt the economy into recession later this year, according to Federal Reserve documents released Wednesday.
Minutes from the March meeting of the Federal Open Market Committee included a presentation from staff members on potential repercussions from the failure of Silicon Valley Bank and other tumult in the financial sector that began in early March.
Though Vice Chair for Supervision Michael Barr said the banking sector “is sound and resilient,” staff economists said the economy will take a hit.
“Given their assessment of the potential economic effects of the recent banking-sector developments, the staff’s projection at the time of the March meeting included a mild recession starting later this year, with a recovery over the subsequent two years,” the meeting summary said.
https://www.cnbc.com/2023/04/12/fed-...utes-show.html
WASHINGTON – Fallout from the U.S. banking crisis is likely to tilt the economy into recession later this year, according to Federal Reserve documents released Wednesday.
Minutes from the March meeting of the Federal Open Market Committee included a presentation from staff members on potential repercussions from the failure of Silicon Valley Bank and other tumult in the financial sector that began in early March.
Though Vice Chair for Supervision Michael Barr said the banking sector “is sound and resilient,” staff economists said the economy will take a hit.
“Given their assessment of the potential economic effects of the recent banking-sector developments, the staff’s projection at the time of the March meeting included a mild recession starting later this year, with a recovery over the subsequent two years,” the meeting summary said.
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