Posted by pmahoney on 19th of Oct 2023 at 02:26 pm
Market is going to need to fight against higher longer term
yields for foreseeable future. Fed is not coming to the
rescue anytime soon with GDP growth so high and could raise again.
Consumers will continue to spend, spend, spend until
they hit their credit card limits. Food prices still high,
gas prices still high, car prices still high. More and more
debt coming.
Newsletter
Subscribe to our email list for regular free market updates
as well as a chance to get coupons!
Market is going to need
I cannot make sense of today's action; constant chop and ...
Posted by pmahoney on 19th of Oct 2023 at 02:26 pm
Market is going to need to fight against higher longer term yields for foreseeable future. Fed is not coming to the rescue anytime soon with GDP growth so high and could raise again. Consumers will continue to spend, spend, spend until they hit their credit card limits. Food prices still high, gas prices still high, car prices still high. More and more debt coming.