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re: When do interest rates rise

Posted on 7/19/16 at 7:50 pm to
Posted by Shepherd88
Member since Dec 2013
4602 posts
Posted on 7/19/16 at 7:50 pm to
If you're gonna make a claim in a post like that, then back your shite up. Otherwise, get out of the thread if you're not bringing something of value, troll.
Posted by TigerDeBaiter
Member since Dec 2010
10275 posts
Posted on 7/19/16 at 8:39 pm to
LINK

My positions have been pretty clear and consistent.

To add to that, let's not all forget what the catalyst for this rally was. A bogus jobs report that had a good chunk of the previous months jobs lumped in it. When you average the two months out they are meager at best.

So, dk you care to justify the valuation on the market right not? We've seen 4 straight quarters of declining earnings and a rising market. Other than being the tallest midget in a zero rate world, what is the justification?
Posted by baldona
Florida
Member since Feb 2016
20632 posts
Posted on 7/19/16 at 8:43 pm to
There's definitely a housing bubble in that if rates go up, the housing market is going to correct itself. I'm starting to see people buy homes they should not be buying and housing prices in the 3 counties around me are very high right now compared to 1 year ago and especially compared to 2 years ago. People can afford them as is, but I think that is mostly because rates are so low that monthly payments are still decent.
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