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We’re on record with a bold prediction: The Fed will NEVER normalize interest rates. Readers may wonder how that jives with our deeper insight: Nobody knows anything. And of course, we don’t know whether the Fed will normalize or not. But let us further explain our reasoning; you make up your own mind as to where to place your bet.
And i agree, we may never see 5+% interest rates in our lifetime.
maybe , maybe not . that could crush the economy and bonds like that. we saw the inverse yield curve right before 2008 .
the fed was cranking up short term rates and bond investors felt that was the wrong thing to do . they bid bond rates lower while the fed raised them . short term rates were higher then long term rates
I don't remember anything good about high interest rates. I still remember when mortgages were over 10%. Forget car loans at 15%. When interests rates cycle, it seems inflation also cycles. As a retiree, I see nothing good about high inflation.
I don't remember anything good about high interest rates. I still remember when mortgages were over 10%. Forget car loans at 15%. When interests rates cycle, it seems inflation also cycles. As a retiree, I see nothing good about high inflation.
Yes, if it all defaults at the same time, we're in trouble. But if $1.6 Trillion pays interest of 10% and the other piece defaults, we've grown $60 Billion!
I don't remember anything good about high interest rates. I still remember when mortgages were over 10%. Forget car loans at 15%.
And the millions of consumers who carry revolving debt. What is already a financial burden becomes far worse when that APR+x moves up and takes a bigger chunk of their disposable income every month.
And the millions of consumers who carry revolving debt. What is already a financial burden becomes far worse when that APR+x moves up and takes a bigger chunk of their disposable income every month.
Maybe you shouldn't carry a revolving debt. 20% interest rates wouldn't affect me since I hold no debt.
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