re: Mortgage rates fall below 7% for the first time in months

Y'all think the proper damage has been done and/or the fed is just going to let everything reinflate? Something bad is brewing and bonds are outperforming equities. Powell just said higher for longer a month ago and now they talk rate cuts? Saw a quote that feels relevant: "The fed lowers rate at the end of an expansion, not the beginning of a new one."

I think a short term bull market may be here but something sinister is coming. I'm not some guru or genius so take this post for what it's worth but if y'all believe the fed engineered a soft landing then y'all have much more faith in them than I do.