![]() ![]() obama, barack obama, president obama, phew, that was close obama barack obama president obama phew that was close. Search, discover and share your favorite Phew GIFs. Updated daily, for more funny memes check our homepage. One of the biggest takeaways for me over the last couple of days is that risk is what you don’t see coming. Enjoy the meme 'that was a close one phew' uploaded by Tony2.5. Share the best Share the best Waterboy Relief Add Caption Jay Jay The Jet Plane Relief Meme Add Caption This is a day of relief and celebration animated Add Caption Abducted in Plain Sight Dad Add Caption Tony Stark Find GIFs. But the narrative can quickly shift from “phew, the fed is done” to oh no “we’re going into a recession”. People often use the With Tenor, maker of GIF Keyboard, add popular Relief Meme animated GIFs to your conversations. The volatility surrounding rates for December is astronomical.Īnd maybe this is the reason why the stock market is holding up relatively well. (H/t we go out to December, there is now a 1 in 4 chance that fed funds will be 100 basis points lower than they are today! Here is the same chart, GIF’d for your pleasure. And just last week, there was a 0% chance that the fed would pause. It is not stolen, it is my original work. Now it’s saying there’s a 0% chance that it will happens. oh boy this is a high effort meme on r/dankmemes hope this isnt stolen from somewhere else or ima shoot you. A couple of weeks ago the market was pricing in a 79% chance of a 50 basis point rate hike. The usual suspects are relatively calm, there is absolute pandemonium in the interest rate market. I assume the market is always right, but sometimes it isn’t. In fairness, I don’t think the market saw SVB coming, but that’s my point. I looked at the strength in things like industrials and small caps and semi-conductors and asked if the market might know something we don’t. ![]() “There’s an interesting dynamic at play in which “everyone” seems to be bearish on stocks except the stock market itself.” For example, not even two weeks ago, I wrote a post in which I said: While i’s interesting to look at the market’s reaction to an event, it’s important to remember that the market doesn’t always get the story right, and things can change very quickly. If there was real panic in the market beyond the names impacted, you would expect stress in junk bonds, senior loans, investment grade bonds, and the Vix. There is full-on panic in those names.īut for now at least, that fear seems to be mostly contained. People are rightfully worried about how the fall of SVB might impact other regional banks. What does the failure of Silicon Valley Bank mean? Are we going into a recession? Is the fed done raising rates? Is the stock market going to crash? Everyone has an opinion that is reflected in the market. ![]()
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