Post by
garyreins on Apr 24, 2024 9:18pm
WHAT IF...
High rates are causing inflation to be worse....stock market is up big because no one wants to touch bonds, plus the higher financing and cost of capital passed on to consumers by businesses. Also less supply because new competition isnt incentived to open a new business with these rates.
Its a paradigm shift of thinking, like when einsten came along and reinvented the theory of gravity. But, with inflation going back up in the US, I think it has merit.