It’s very interesting. Based on this theory, stock prices should decrease as interest rates lower. A massive number of people who are waiting for interest rate

It’s very interesting. Based on this theory, stock prices should decrease as interest rates lower. A massive number of people who are waiting for interest rates to drop will sell their equities to buy a house when it happens. IE, many couples are waiting for lower interest rates before buying a house. This runs counter to current equities markets where hints of rate drops from the Fed will increase stock price. It’s definitely an interesting theory.