GREY:VITFF - Post by User
Comment by
Swingandmisson Sep 08, 2023 1:31pm
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Post# 35626504
RE:The BIG QUESTION I have?????
RE:The BIG QUESTION I have????? It's not that hard to understand. The market (and the fed) had a shallow recession priced in to their base models. That would bring down inflation and possibly allow for rate cuts. Not only did that not happen, they are predicting that the economy will heat up in the next few months. All of that leads to the fear that the fed will raise rates higher than what is priced in, and longer.
There is no appetite for risk in the mining sector now. If and when we get jobs softening and the economy weakening, people will dive back in.