[bert]

Obama set them up out of revenge for the damaged goods during the final bush days.

I don’t especially worry because in anticipation of the economic growth from less regulation and the tax cuts, the market has risen.

The economic growth will outpace the interest rate rise. The inflation will in effect reduce the real value of the debt there by absorbing the amount of interest due on new debt.

[xzins]

I agree with each line that you wrote!

[entropy12]

Market is more over-valued than in Oct 1929 before the crash. It was already over-valued when Trump was elected. His deregulation and taxcuts are certainly good, but it was like adding petrol on a simmering pile of wood.

When the market ascends at far greater rate than gain in productivity, and goes parabolic, a vicious correction always will follow.