First Mistake Is Being Impatient With A Banking Crisis; Second Is Not Paying Attention To China

Central banks in Australia and Canada ended their short rate hikes, interest rates pause, ignoring the global recession risks China just reminded everyone about for their own inflation biases.

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Central banks in Australia and Canada ended their short rate hikes, interest rates pause, ignoring the global recession risks China just reminded everyone about for their own inflation biases. History (not to mention markets) caution against prematurely shifting when faced with such a high level of uncertainty.

Video Length: 00:18:39


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