INTEREST RATES
DIDN’T WE JUST SEE SOME OF THE TOP EXPERTS IN THE MARKETS CALL AN INCREASE IN RATES TO 8% AND HIGHER IN THE NEAR TERM ?
RATES THAT WOULD ABSOLUTELY DESTROY THE ECONOMY…SOVEREIGN DEBT COLLAPSE AND ALL THAT ?
EXPERTS !!!
SHEESH
DIDN’T WE JUST SEE SOME OF THE TOP EXPERTS IN THE MARKETS CALL AN INCREASE IN RATES TO 8% AND HIGHER IN THE NEAR TERM ?
RATES THAT WOULD ABSOLUTELY DESTROY THE ECONOMY…SOVEREIGN DEBT COLLAPSE AND ALL THAT ?
EXPERTS !!!
SHEESH
“TO 8% AND HIGHER IN THE NEAR TERM”
In the near term? I don’t recall seeing anything like that.
But I’m watching for remarks over a longer horizon than day to day.
As for the bigger picture, yes that is where I do suspect we’re headed.
But it will be up to a year before this retrace of the initial move completes.
Only then do we revisit these levels and go higher.
As Webb said in the Great Taking, its already baked into the cake.
Shall see ….I don’t see any sign that rates will every be 5% again
Inflation is retracing completely and all it took was 5%
The inflation we have been experiencing was caused shortages and broken supply lines due to silly assed political policies, followed by open spigot covid payments. The fools drastically reduced supply while simultaneously increasing demand. The inflation to come will be “Milton Friedman” style; a monetary phenomenon.
Yup, sign me up.
I agree with you, PD. The big hurt is coming, but not before we revisit the fantasyland of near zero rates.