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Bullboard - Stock Discussion Forum Baytex Energy Corp T.BTE

Alternate Symbol(s):  BTE

Baytex Energy Corp. is a Canada-based energy company. The Company is engaged in the acquisition, development and production of crude oil and natural gas in the Western Canadian Sedimentary Basin and in the Eagle Ford in the United States. Its crude oil and natural gas operations are organized into three main operating areas: Light Oil USA (Eagle Ford), Light Oil Canada (Pembina Duvernay... see more

TSX:BTE - Post Discussion

Baytex Energy Corp > US Rate hike probability
View:
Post by red2000 on Sep 20, 2022 8:23pm

US Rate hike probability

82% chance to be 0,75 of 1%
Imagine if it's only 0,5 of 1% !!!!

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Comment by HighOctane89 on Sep 20, 2022 8:47pm
A 0.5% interest rate hike would cause a market selloff (as would a 1% increase) because the media would portray the discrepancy as some hidden threat that the market hasn't seen yet . The narrative , the market direction and information discussed are all choreographed , anything outside of those lines will be used as a sell now , ask questions later excuse to tank the market , pension funds ...more  
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