Well the Fed has already said they will probably be raising rates at every meeting between now and the end of 2023. With ten meetings between now and then and figuring a 50bps hike each time, you can figure 8.5% if not more. Does it all fall apart before then? I think it does because remember, next year the Fed starts LOSING money, they cannot pay their interest owed with the revenue the make.
So other countries are selling treasuries to save their collapsing currencies and the fed is going to buy treasuries as they raise rates which lowers the value of the bonds they are buying? Does that mean its time to buy stocks?
Don’t know about stocks! Friday should be an interesting day. Putin will announce that the four regions in Ukraine are now part of Russia. The attack on NS1&2 could very well be interpreted as an act of war. Europe may never again get Russian LNG. So much going on in the world. We do what we can to prepare for the coming ordeals. These are “The Good Ole Days”. I try to count my blessings and enjoy life with friends and family.
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