Market Snapshot: Recession fears hang over market insisting on rate cuts as Fed loan survey looms

Parts of the U.S. financial markets are bracing for a hard landing for the U.S. economy, as investors await insights into credit conditions from the Federal Reserve’s upcoming loan officer survey due this week.

The Fed’s aggressive interest rate hikes over the past year to tame high inflation has led to recent regional-banking trouble that began in March, with concerns still swirling around the industry after the failure of Silicon Valley, Signature Bank and First Republic Bank. 

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Futurist Eric Fry says it will be a “Summer of Surge” for these three stocks

One company to replace Amazon… another to rival Tesla… and a third to upset Nvidia. These little-known stocks are poised to overtake the three reigning tech darlings in a move that could completely reorder the top dogs of the stock market. Eric Fry gives away names, tickers and full analysis in this first-ever free broadcast.

Watch now…

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