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Thanks for the support. I think in general people are tired of doom and gloom predictions and analysis. Downvoting, even if you know it to be possibly right, fe
by nemo44x 4y ago
Thanks for the support. I think in general people are tired of doom and gloom predictions and analysis. Downvoting, even if you know it to be possibly right, feels good.
I’m not trying to doom and gloom though. I’m just saying the Fed did not consider the time aspect of all the bonds/etc and have haphazardly raised rates too fast. If they slow it down it’s not such an issue since bonds respect time. It has been too much too fast. Erratic. Especially since just over a year ago they guided totally differently.
So they need to cut. We need to deal with reasonable inflation for at least 4 more years and then we can aggressively hike rates if need be as the mountain of low interest bonds will be turning the corner.