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END OF DAY REPORT JUNE 15thFed Governor Waller says changes in credit since SVB failure are in line with what was happening before that due to Fed rate hikes, it is still not clear recent bank failures had a material effect on credit conditions

Darren Krett

Friday 16 June 2023

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Fed Governor Waller says changes in credit since SVB failure are in line with what was happening before that due to Fed rate hikes, it is still not clear recent bank failures had a material effect on credit conditions facebookFed Governor Waller says changes in credit since SVB failure are in line with what was happening before that due to Fed rate hikes, it is still not clear recent bank failures had a material effect on credit conditions twitterFed Governor Waller says changes in credit since SVB failure are in line with what was happening before that due to Fed rate hikes, it is still not clear recent bank failures had a material effect on credit conditions linkedin

MORNING MINUTE JUNE 16th

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morning report

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Good morning everyone. Darren Leviathan Financial. Happy Friday to you. Nothing can stop the stock market. It is very resilient and rallying to the moon. , technically it broke out this week of its, bear market run. And given the, , hawkish tone from central banks ECB raise rates yesterday, looks like there’s probably more potential upside.
Today we have two fed speakers that will probably give us a clearer picture of at least where rates may peak. , the indication from Jerome Powell after the F O M C on Wednesday was that this will not be the last of hikes, and the dots indicated that most speakers see another 50 basis points in the.
offing, before we peak and have to turn around and cut, but stock market’s resilient. So at the end of the day, who cares. So, , everyone have a great weekend and good luck trading

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