What happens when inflation and interest rates go up rapidly while asset prices and available jobs go down???
Post by 17yRQB…wzet
391 141 sat
Hey Randy, I work as an accountant in the USA and things are pretty bad for most people here now. Heating oil costs going to be a huge issue for people in the northeast. Job losses, Healthcare and health insurance issues, skyrocketing costs, business cash flow. It is possible if the war ends and fuel prices drop rapidly we might be able to avoid a really sharp downturn but seems like one is coming from what I see. So the cycle would be down markets then fed easing money printing then eventually up markets. Unless the war stuff gets worse. Just my opinion...
285 714 sat
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