Prediction of next financial downturn Pt.2

已更新
Dow Jones dropped over 1200 points in one day, that's the biggest downward move ever happen.

Interest rates are going down FED Watch Tool shows over 99% that FED will cut at least 25pts.

More cuts will come soon, please check cmegroup.com/trading/interest-rates/countdown-to-fomc.html

I follow this website and 3-5 days ago there was only 10% for a single interest rate cut.

Unfortunately, due to the Coronavirus outbreak global economy suffers and the whole world will soon enter Great Depression!
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So far so goooooood!!

Prediction of next financial downturn
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Negative interest rates could be needed for a ‘V’ recovery, Fed economist says
cnbc.com/2020/06/02/negative-interest-rates-could-be-needed-for-a-v-recovery-fed-economist-says.html

St. Louis Fed researchers say negative interest rates may be needed for economic recovery
marketwatch.com/story/st-louis-fed-researchers-say-negative-interest-rates-may-be-needed-for-economic-recovery-2020-06-03
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