2/3rds of our Investments are in Cash. Waiting for the right moment to move money into the Market.
I’ll be dead by the time the reckoning occurs. A $30 Billion National Debt meets rising Interest Rates. Half the Federal Budget just paying Interest on the Debt.
Should be interesting.
“”A $30 Billion National Debt meets rising Interest Rates.””
Do you mean, Trillions?
> National Debt meets rising Interest Rates. <
I read an article recently (I cant remember where...who knows, maybe I dreamt it) where the author argued that the Feds simply wont raise interest rates ever again.
That would be for the reason you stated. It would make the Federal debt impossible to pay back. So by keeping rates low, the can get kicked down the road a bit further.