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re: When do interest rates rise

Posted on 7/20/16 at 7:49 am to
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10232 posts
Posted on 7/20/16 at 7:49 am to
Not sure, but it is an interesting discussion.

An audit is only as good as the data fed to the auditors. I'm not an audit the fed fringe fanatic, but I'm not comfortable not knowing exactly what they hold either. Again, all we know is their holdings that they gave to their auditors.

This (a lot of it) really could have been avoided had we allowed the system to crash, sustained a short, sharp depression, and had market forces reset the entire thing.

So interest rates will increase, but not in any meaningful way for a while.

You would hope at this point the US is in negotiations with GB for a new trade agreement. But that stuff doesn't get reported, more important stuff like plagiarized speeches seem to carry the day.

Anecdotal only, but tenants are harder to find in my area, so I assume homeownership is at the start of a bubble. Average people are discussing extic trades. Corporate earnings are one of the best fictions written in recent history. Unemployment numbers are also a work of fiction.

I don't know if the sky is falling, but I'm certainly watching carefully. I had posted rates wouldn't increase the last time someone started that thread, and that was widely disagreed with, but at 30K feet, I just don't see how and when they increase rates in any meaningful way.
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