Concerns about US economies are growing fast recently. Huge personal debts, unstable local bank issues, commercial real-estate issues.. These points were well-covered under other issues so far. FED might suggest some directions to solve these concerns after this FOMC meeting, and that wouldn’t be pretty at all.
FED might ask more pains from American people for sure.
Anyway, everyone has their own issues and it’ll be painful to overcome.
Tomorrow afternoon, Mr. Powell might mention some more details. Let’s wait and see…
US stock market was ended with another consolidated mode.
DJ Index was downed by 0.3%, S&P 500 index was downed by 0.2% and NASDAQ index was also downed by 0.2% today.
Recently talks about possible recessions and local bank issues have been increased a lot. Another dooms day scenarios are circulating again these days.
