FormerXBC Inc XEBEQ

RE:RE:RE:RE:RE:RE:Reversal

[Gann999]

Well they have already signaled that interest rates will be rising in probably second half of 2022 not by much obviously since they are so low already but it could set off a chain of events specifically in the housing market which could lead to a recession if the market cannot bear the rise. Just my worries thinking out loud.

ZouZS3 wrote: My guess is the stock market will continue its bull run for another 10 years before the great great great great depression along with hiccups and then comes the collapse of the financial system as we know it. We're in the roaring 20s lots of growth coming up. Housing market calmed down in Quebec but a lot of real estate broker think it's going to pick up again or stagnate. I don't think interest rates are going anywhere..too much money borrowed from all sides... rising interest rates would be catastrophic IMO specially with the fact that we need people to keep spending and we need to restart the economy. Lots of spending coming up, they are just getting started.

Gann999 wrote:
realistically nobody knows what the overall market is going to do. The general tone is that it's going to correct but nobody knows. A few things concerning me for the general economy is interest rates rising a way overheated housing market and inflation eating away at everyone's already poor buying power. At the end of the day predictions are wrong all the time, people have been calling for a housing market crash for ten years and it's done the complete opposite rising at unsustainable levels every year. Same with the stock market people have been calling for a crash for a while but it keeps plugging along. Xebec will be here to stay for many years to come.