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Pastimes : The Philosophical Porch -- Ignore unavailable to you. Want to Upgrade?


To: Rarebird who wrote (15957)2/3/2023 10:46:48 AM
From: RWS  Read Replies (1) | Respond to of 26251
 
Good morning. Would you comment on your recent reco - SLV?

Thanks.

RWS



To: Rarebird who wrote (15957)2/3/2023 10:58:28 AM
From: Cogito Ergo Sum1 Recommendation

Recommended By
MythMan

  Read Replies (1) | Respond to of 26251
 
Nope.. it is coming back.. said many times... despite the hand wringing on rates by many .. these are NOT biz killing rates.. not housing killing rates.. the junkies are not gonna get their fix.. AND I APPLAUD THAT.. they help the little guy savers and the solid businesses do just fine .. the crap does a swirly is all and good riddance :)

Powell does not need to PIVOT and should not !! THIS JUST MIGHT TEACH GOVERNMENTS TO LIVE WITHIN THEIR MEANS :) if Powell Pivots the can is kicked down the road.. and retribution even greater

Worst thing ABSOLUTE worst thing Powell can do now is pivot .. slow the rate increases as needed.. .. continue QT the real need.. and forget the ZIRP junkies.. let the devil take them to perdition.. the economy will become real again...

EDIT: BTW what temp where you are ? -26C in my neck of the woods LOL (-32.8F) They meet at -40 if seen :)