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I lot of people have been making that bet and they haven't been wrong so far.
by drpgq 5y ago
I lot of people have been making that bet and they haven't been wrong so far.
- deleted 5y ago[deleted]
- nemo44x 5y agoI mean to be fair they haven’t been wrong in about 40 years except for fluctuations. Although those can be devastating to those stretched thin. Honestly I’m of the opinion we won’t see any serious rise in rates. Too many mortgage holders and indebted governments would be broken. Just look at the last month. The Fed threatens a few hikes that would push a 10 year bond to 2.5-3% and the market crashes.
- oblio 5y agoYeah, but on the other hand, black swans. We're navigating into uncharted territory and it feels a bit like 1929. And this time we're much more interconnected. And the thing is, maybe it would be better to blow off some of that steam in small bursts than find our <<after>> that 2 days ago was the point of no return.