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Message
Will the Fed finally remove the training wheels ? It's been 13 years.
Posted on 2/28/22 at 10:45 am
Posted on 2/28/22 at 10:45 am
It's time for the market to put on its Big-Boy Pants and let the chips fall where they may, before we're grocery shopping with a wheel barrel.
2
Posted on 2/28/22 at 10:54 am to West Coast Daddy
no that won't happen bc everyone's 401k depends on those training wheels
Posted on 2/28/22 at 12:31 pm to West Coast Daddy
The Fed can push narratives. If they had more power they would have done something already.
Posted on 3/1/22 at 9:35 am to arcalades
quote:
no that won't happen bc everyone's 401k depends on those training wheels
It's worse than that.
Our debt is financed primarily through bonds and as they raise interest rates, they raise the cost of that debt.
We are already paying hundreds of Billions of dollars on these interest payments already. Any substantial rate hikes will have an enormous impact.
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