Re:Wall Street Banks Warn Downturn Is Coming
by chrismealy on Wednesday August 23, 2017 @11:10AM
(#15082079)
Nine out of those eleven recessions were triggered by the Fed raising interest rates for the purpose of controlling inflation.
Re:Wall Street Banks Warn Downturn Is Coming
by lawless123 on Wednesday August 23, 2017 @11:24AM
(#15082208)
interesting, i wonder how cryptocurrencies will react.
Som are clearly booming like the regular stocks are. But some are also built to resist inflation.
And yet the underlying cause of the busts has varied.
People bring up the "due for a bust" observation and they may be right. But I have to ask, "What is going to be the economic trigger this time?"