The attached chart shows 40 years of declining 10 year rates. As we all know, that rate is the basis for mortgage rates and just about everything else. During that half cycle the housing market boomed, the stock market boomed and generally speaking, corporations and individuals prospered.
But that trend has ended.
Thursday I would have said that rates would either remain low for an indefinite period while inflation soared or rates would be raised to quell inflation. But Friday Central Banks around the world announced tightening.
The party is over!
It is time to batten down the hatches, lock in long term profits on stocks, rentals and any other investments that correlate inversely with interest rates.
Obviously the major players saw this coming and started bailing at the first of2022.
Now us little fish must do what we can to avoid losing the wealth we have.
As an aside, it was announced last year that Bill Gates was diversifying into farm land. Obviously that anticipates food shortages and inflation.............
I will post more on this once the picture becomes clearer.
midnitepoet
But that trend has ended.
Thursday I would have said that rates would either remain low for an indefinite period while inflation soared or rates would be raised to quell inflation. But Friday Central Banks around the world announced tightening.
The party is over!
It is time to batten down the hatches, lock in long term profits on stocks, rentals and any other investments that correlate inversely with interest rates.
Obviously the major players saw this coming and started bailing at the first of2022.
Now us little fish must do what we can to avoid losing the wealth we have.
As an aside, it was announced last year that Bill Gates was diversifying into farm land. Obviously that anticipates food shortages and inflation.............
I will post more on this once the picture becomes clearer.
midnitepoet
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.