Agreed. Dropping rates has proven to be like shooting pool with a rope. Raising rates, though, might choke off what growth we have now, to hear them tell it. I don’t know either.
yet p/e ratios on stocks aren’t that bad. Who’s doing all the buying and why isn’t this stimulating business?
machines and robots taking jobs,
i work in the investment banking industry, or used to, and the greed has passed all logic regarding equities. no raises, few hires.
no one knows what this jerk is going to do next so how do you start a business not knowing future interests or energy costs at all. usually you can take a guesstimate, with this guy you can’t.
and since when did guesstimate become an accepted word? lol spell check didn’t pick it up.