RE:RE:RE:RE:The economy Good tongue in check remark lol. Its a slow moving recession as each 1/4 point rise
takes another little bite out of the economy and out of your wallet. The thing is which
I agree with is these incremental raises in int rates eventually become cumulative and
can take up to 6 months to really get the full effect. Then everything comes crashing down in a more dramatic fashion as the economy feels the full brunt of a recession.
By then if you're still invested, its too late to sell and conversely, a great time to buy.
The Fed wants to have a soft landing and avoid a drastic like crash. That is easier
said than done because no one knows exactly where that tipping point is. By these
incremental raises they are trying to feel for the edge and either stop or pull back
just before we go over. Good luck with that is all I can say.