The market is going wild today. I guess people are seeing the bad housing numbers and are ready for the government to start hitting the markets with stimulus again? Inflation isn’t even under control yet… This is 100% the worst financial state the country has been in during my lifetime. 2008 was bad but if you kept your job asset prices were a blessing. This time everyone is getting hurt by inflation and soon dropping home prices… Meanwhile the government debt is so out of control they will be forced to cut rates, further stoking inflation while home equity gets wiped out to pay for everyday items. Own nothing and be happy, or own Bitcoin and be stressed. LOL
I don't disagree with anything you stated.
But...one thing people don't realize, is that the Fed/Treasury is no longer in the business of printing cheap money for the benefit and investment of the U.S. and it's citizens, or any other established country for that matter.
That time is loooong passed.
They now print money (trillions of $$$) purely for foreign investment and capital expansion. Bush Jr. used to call it "nation building". Whatever, it is is simply injecting huge capital into a foreign country whose middle class is finally on it's way up and up, with the hope of getting major returns on investment (and swindling all the Average Joes out of their hard-earned savings in the process).
It's the world's biggest grift.
The last one was China, but now that has run its course and has imploded. Spectacularly.
This is why everything sux right now, and the Fed had to raise rates.
They are currently in between stages of planning and investment, but still have a LOT of excess money lying around doing fuck all. Which is why you see all the interim churn, and mega free money subsidies (aka ESG/DEI/Woke agenda) going to Hollywood and media rn. And to Tech startups with shit ideas that will go nowhere. And also propping up the banks.
India will be the next country to receive mega $$$$ injection, mark my words. It'll be like China was 10-15 years ago, but with India instead.
That is when you will see Fed rates fall again. They will then be off to the races.
