Because the Fed preserve rates of interest up, the PE ratios will proceed to pattern down. #ytshorts #sovereigty
Central banks are collapsing the economy… Raising rates when the economy is going off a cliff and 75% of peoples income go to mortgage payment.
A Year Of Pain! Investors Struggle In A New Era Of Higher Rates And Goin’ Green, Worst Combined Stock And Bond Returns Since 1871 (Buffet’s Berkshire Hathaway Was UP 4% In 2022, Cathie Wood’s ARK Innovation Was DOWN -67%)
18 countries in the EU report official inflation rates above 10%. This week the ECB raised rates to 2.00% to “fight” inflation and yet countries like Italy are saying the ECB is crazy for keeping rates so high