What happens when inflation and interest rates go up rapidly while asset prices and available jobs go down???
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1MsA8b3URm6XfhGdeM2b7mr2d7zmx73dg3 UnverifiedHey 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...
If this were to happen, which I doubt for the time being, I believe the technical term for this is buy the mother fucking dip.
The US market here has tailwinds.
Communism, via UBI. AI will destroy nearly every so-called “asset” we think has value today.
Snooze me
Well on a funnier note I noticed we both got chef's hats. Cookin
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FYI...I work in mortgages. Rates when up crazy high today. Like nuts.
We got 2 "reprices" today to increase rates. That rarely ever happens
what's the latest on the 30y?
Hitler