They have no idea what they are talking about. They don’t deserve their high salaries.
They want this to happen because they hate Trump.
If you walk around with a sign that reads: The World Will End Tomorrow!, eventually you will be right.................
They want this to happen because they hate Trump.
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Probably true. But increasing interest rates will put pressure on our astonishingly high government, state, business and consumer debt. I think rising rates are a big threat.
Not sure how resilient our “new economy” will be when consumers are faced with shrinking disposable income. There are a lot of businesses now that produce faddish products and services that will suffer. What this could lead to, who knows?
Not saying a depression is imminent. Just think a serious downturn/recession is possible and it could be a mess. We have also been in a prolonged bull market. That’s another thing to keep a close eye on.