Re:re: What Next Most people and companies carrying debt are now feeling the impacts of rising rates. If rates go higher which I don't doubt will cause a meaningful downtrend in the economy. First you have a major problem finding people to work. Inflation is still around 7.5-8.0 far from the 2-3% target set out by the central banks. I still find it odd that small businesses are trying to offer a non living wage to societies. So with wage pressures fully entrenched and still a lack luster supply chain issue don't expect rates to reverse anytime soon ! Higher for Longer isn't this the terminology they using? I would be looking at preservation rather than navigation in times like these. There are major risks in general on all fronts but that's to each high roller to figure out. What will higher energy or commodities do if we see a reversal on pricing? Maybe add more fuel to inflation and drive rates to da moon ! Maybe this is the great reset thank you very much. What's even worse is all these assets people wanna get off of or realize there profits from last 20 yrs of cheap money and a general market on steroids.
jmho