ECB just raised interest rates by .5%They just threw gas on a raging fire in a global banking crisis spreading every day.This is going to put the world economy in a deep recession/finincial crisis like 08/09.Oil will drop to below $50 putting BIR to cut its proposed div in half unless they decide to borrow to keep it at 10%.The market will tank the SP if that happens.The US FED will likely follow the ECB next week and raise rates and add even more gas to the raging fire.I have gone to 100% cash when Moodys down graded the entire US banking system to negative due to rapidly worse financial conditions in full bloom.