Friday, February 17, 2023

"Optimism Is Being Shaken": US Futures, Global Markets Slide Ahead Of $1.8 Trillion OpEx

"US futures and global equities extended Thursday's selloff as a global wave of risk aversion swept across the markets after two of the Fed's most hawkish (nonvoting) policymakers - Loretta Mester and James Bullard - signaled they may favor returning to bigger, 50bps rate hikes in the future, while European Central Bank Executive Board member Isabel Schnabel also warned that markets may be underestimating inflation, and the risk that the ECB “may have to act more forcefully”.....ZH

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