The US Federal Reserve has already raised five key interest rates since the beginning of the year, three of which were particularly large at 75 basis points. Now it would be appropriate for the monetary authorities to take a break and wait, believes investor Barry Sternlicht. If they don’t, he sees “unbelievable calamity” in store for the entire world.
Continue to full article at “finanzen.ch”
Continue to full article at “finanzen.ch”