Rate Hikes by Country, Bearish Sentiments, Visual Income of U.S. tech firms, Ex-WaMu CEO: 'We Are In A Bigger Bubble Today Than In 2007!'

"You need to know the market's going to go down sometimes. If you're not ready for that, you shouldn't own stocks. And it's good when it happens."

- Peter Lynch

  • Retail investors are very bearish right now...

Interest Rate Hikes Will Persist

Central banks around the globe have continued to raise interest rates in an effort to counter elevated inflation. Notably, Switzerland emerged from a negative rate with a 75 basis point hike to 0.50% and Sweden's Riksbank with a 100 basis point hike to 1.75%. Today, the Bank of England raised by 50 basis points to 2.25%, the highest level in 14 years. You can count on these recent, and future, rate hikes to persist and continue slowing economic growth for the foreseeable future. Although savings account rates will be higher, you still don't get a high enough rate to beat inflation. The impact of the hikes on pocketbooks are emerging as costlier credit cards, car loans and mortgages.

List of interest rates by country: Global-rates.com

'We Are In A Bigger Bubble Today Than In 2007!' - Former CEO Of Washington Mutual On Today's Market

Sep 21, 2022- Patrick Bet-David Podcast Episode 185. In this short clip, Patrick Bet-David, Kerry Killinger, and Adam Sosnick discuss today's market compared to 2007

Visualized income statements of big U.S. tech companies

Visualization of tech company income streams.

Read the full article at Visual Capitalist