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Home FINANCIAL

Financial Conditions “Tightening Shock” Is Moving Markets Closer To A “Come To Jesus” Moment; Nomura Warns

Beyond Mainstream News by Beyond Mainstream News
October 4, 2023
in FINANCIAL
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Financial Conditions “Tightening Shock” Is Moving Markets Closer To A “Come To Jesus” Moment; Nomura Warns
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The financial conditions (FCI) “tightening shock” which has occurred ever since The Fed ‘de facto hiked’ with their surprisingly aggressive SEP a few weeks back was further fueled yesterday by the incoherent JOLTS data (which this morning’s ADP print appears to completely dismiss).

Source: Bloomberg

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https://www.zerohedge.com/markets/financial-conditions-tightening-shock-moving-markets-closer-come-jesus-moment-nomura-warns

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