Raising interest rates does that.
Cost of debt goes up, profits down.
Stocks sell off.
Liquidity dries up.
Repo market implodes.
PRinting mo dollas...Cow Poop.
Posted Using LeoFinance Beta
Raising interest rates does that.
Cost of debt goes up, profits down.
Stocks sell off.
Liquidity dries up.
Repo market implodes.
PRinting mo dollas...Cow Poop.
Posted Using LeoFinance Beta