[quote=spdrun]S&P, DOW, and R2K are still below record highs, only NASDAQ broke records today. Let’s see what the song will be after the Fed hikes again next week. Rooting for 10y to break 3%, and maybe 4% by the end of the year. 5-6% 30 year rates will be nice if they push people with ARM HELOCs over the edge.[/quote]
huh,… if the fed pushes up interest rates, that implies the cost(s) to service the existing debt goes up
[quote] The Cost of Rising Interest Rates
…Last year, the federal government spent $241 billion on net to service roughly $14 trillion of debt – meaning it paid an average interest rate of less than 2 percent.
if you’re rooting for higher interest rates in the 5-6% range, just to push people with ARM HELOCs over the edge,… perhaps ya might not have fully considered various knock on effects at the BIG level
[quote] The United States enjoyed the benefits of being able to spend money freely, such as acquiring commodities and consumer products from abroad. In addition, the U.S. foreign-policy goal of containing Communism in the face of the Cold War and decolonization kept the dollars flowing.
things w/ the US dollar being the global reserve currency seem somewhat comfortable for now (at least for those who have RE and play the stock market)
[quote] 30th Annual ROTH Conference scheduled for March 11-14, 2018 at The Ritz Carlton, Laguna Niguel in Orange County, CA. Following the success of the previous year’s events, the ROTH Conference, with close to 550 participating companies and over 4,700 attendees, will feature presentations from public and private companies in a variety of sectors
…otherwise most others (not invited) might not feel so lucky,… or kinda like they are between a rock and the proverbial a hard place???
its going to be interesting to see what the future brings
just sayin,… hope sheeple don’t wise up and lose confidence in the system too soon because this allows some time to put various hedges in place (which hopefully allows one to be somewhat insulated from hardships later on when TSHTF)
