Post by
Vega1357 on Apr 14, 2022 4:36pm
Unusual amount of uncertainty
There's an unusual amount of uncertainty lately as to how high interest rates will go as central banks respond to recently inflationary pressures and how persistent those inflationary pressures will be. There's a wide range of possible outcomes ranging from continue high inflation in the foreseeable future to a recession which will put a ceiling on how high interest rates will go. Cpnsequently, I'm content to stay on the sideliness until there's more surety in the picture. Good luck to all those who are willing to stick your necks out. Regarding the many who are in this stock for the long term. Remember what John Maynard Keynes said about the long term -- in the long run we're all dead.
Comment by
BayWall on Apr 14, 2022 5:19pm
Ever increasing debt levels over the past decade at the personal, corporate and government levels. If higher interest rates stay, then more money will be used to service debt and not for economic growth.