Investors wary of global stress should keep their eyes on Silicon Valley, as ructions in this major U.S. industry cause aftershocks in Europe and beyond.Rising rates pose a threat to sub-investment grade companies, which have to pay up when refinancing their maturing debt and risk defaulting on it.to reach 3.75% and 3.25%, respectively by September, more than double the 1.6% and 1.4% in September 2022. Pessimistic forecasts of 6.0% and 5.5% not "out of the question", it says.
The most popular cryptocurrency, bitcoin, has been an unexpected beneficiary of broader market turmoil,to market expectations that rate hikes were nearing their peak, support risk-sensitive assets such as bitcoin .
Reminder to say HELL NO and resist digital ID Even when there's some fake emergency that will cause them to say it's 'necessary for our protection' and to 'protect from fraud, digital identity theft, deep fakes' and more. REFUSE AND RESIST AND BE READY TO FIGHT FOR LIBERTY!