Binance Square

2008

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Hkiper
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Bullish
By the way, positive data on the US economy has been released again. Most indicators suggest that the economy is growing. Tomorrow, there will be a decision on the Fed's interest rate, and, of course, Jerome Powell will give a speech. On September 29, #CZ will be released. $BNB On September 30, The #Times will drop another Easter egg: #Trump will put his golf cart in reverse, but drive upward😁 The Dow Jones is at an all-time high, and Nasdaq and S&P are heading in the same direction. Gold has been hitting record highs for a while now. Companies are announcing record stock buybacks after the earnings season. On Twitter, debates are ongoing: 50% are predicting Bitcoin's demise, while the others are forecasting a massive surge. There’s renewed talk of a recession if the Fed cuts the rate by 0.5% tomorrow instead of 0.25%. Some are once again comparing the situation to #2008 and drawing doomsday scenarios on charts. In general, there's a lot of noise, and people are being driven into panic🤣 Still, I’d like to draw your attention to the significant geopolitical tension. While #China is stimulating its economy, the US won’t be backing down. I haven't seen such tension in a long timešŸ¤”
By the way, positive data on the US economy has been released again. Most indicators suggest that the economy is growing.

Tomorrow, there will be a decision on the Fed's interest rate, and, of course, Jerome Powell will give a speech.

On September 29, #CZ will be released.
$BNB
On September 30, The #Times will drop another Easter egg: #Trump will put his golf cart in reverse, but drive upward😁

The Dow Jones is at an all-time high, and Nasdaq and S&P are heading in the same direction.

Gold has been hitting record highs for a while now.

Companies are announcing record stock buybacks after the earnings season.

On Twitter, debates are ongoing: 50% are predicting Bitcoin's demise, while the others are forecasting a massive surge.

There’s renewed talk of a recession if the Fed cuts the rate by 0.5% tomorrow instead of 0.25%.

Some are once again comparing the situation to #2008 and drawing doomsday scenarios on charts.

In general, there's a lot of noise, and people are being driven into panic🤣

Still, I’d like to draw your attention to the significant geopolitical tension. While #China is stimulating its economy, the US won’t be backing down. I haven't seen such tension in a long timešŸ¤”
The #2008 crisis known as the "Mortgage Crisis" is actually the #BankingCrisis . Let's pay attention to the credit spreads of #2007 , but first I will briefly explain what they are: A credit spread is the difference in yield between bonds or other debt instruments with different credit risks. Typically, the yield on corporate bonds is compared to the yield on government bonds with the same maturity. The #CreditSpread shows the risk of debt default: the higher the spread, the greater the risk investors see in the company's or other bond issuer's ability to meet its obligations. Negative impact on the economy: A significant increase in credit spreads can signal general economic problems, such as a recession. This can make it difficult for companies and government agencies to raise financing, which in turn can slow down economic growth. In the screenshots, you can see how credit spreads were rising rapidly in the run-up to the 2008 crisis, which clearly signaled the impending problems in the market.
The #2008 crisis known as the "Mortgage Crisis" is actually the #BankingCrisis .

Let's pay attention to the credit spreads of #2007 , but first I will briefly explain what they are:

A credit spread is the difference in yield between bonds or other debt instruments with different credit risks. Typically, the yield on corporate bonds is compared to the yield on government bonds with the same maturity.

The #CreditSpread shows the risk of debt default: the higher the spread, the greater the risk investors see in the company's or other bond issuer's ability to meet its obligations.

Negative impact on the economy: A significant increase in credit spreads can signal general economic problems, such as a recession. This can make it difficult for companies and government agencies to raise financing, which in turn can slow down economic growth.

In the screenshots, you can see how credit spreads were rising rapidly in the run-up to the 2008 crisis, which clearly signaled the impending problems in the market.
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