Recession Looming Far & wide around the world, FED is coming Up with Hawkish Approach.
FED has increased the interest rate by 50 basis points. S & P 500 rallied past 200 Days Moving Average and started dropping.
Banking ETF is moving up as Small Banks will get parking money from customers, which will increase their business.
Now, we see a bearish approach in Banking ETF.
#shares, #Bonds, #MutualFunds, #ETFs, #Banks, #Sharemarket, #finance, #financialInstitution, #FED, #interestRates, #inflation, #CPI,
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