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OK so I am busy tomorrow but I figured I would jump on now and say that I was somewhat wrong. I did qualify my prediction based on it happening if the 10 year y
by sigmaprimus 5y ago
OK so I am busy tomorrow but I figured I would jump on now and say that I was somewhat wrong. I did qualify my prediction based on it happening if the 10 year yield spiked to 2.5% which did not happen either.
So, as I am a good person I will concede that I was wrong, or at the least early in my prediction. It does seem that there will now be an emergency meeting of the Federal Reserve on Monday which most likely will result in a hike in the overnight rate[1].
I figure it is better to be a week early than a day late when it comes to the markets but as I said, I was wrong and am a big enough person to admit it.
So congratulations YXNjaGVyZWdlbgo you win, I hope you feel good about it, and I am sorry to have met you.
[1] https://www.federalreserve.gov/aboutthefed/boardmeetings/20220214closed.htm https://www.federalreserve.gov/aboutthefed/boardmeetings/202...