Conservative. Idaho. Software engineer. Historian. Trying to prevent Idiocracy from becoming a documentary.
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Wednesday, November 22, 2023
Are You Wondering Why Stock Markets Are Rising?
It is generally accepted that the Fed has raised interest rates enough to prevent runaway inflation and likely cooling off an economy in deranged boom. As interest rates fall, stocks become more attractive investments.
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Yup, up until the game of musical chair ends and it all collapses like 1929.
ReplyDeleteI have a bit more confidence voters will send Biden to the rest home he needs next year. Biden is beginning to make Carter look like a competent president.
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