This is 100% true.
Very likely, the rates will rise slowly anyhow, no matter if the FED raises rates. The FED is behind the curve all the time. Then WS will crash anyhow.
There is talk of yield curve control being employed, to lower long term rates. In fact it's already happening with the FED buying "fallen angels" and all kinds of bonds. It could also buy stocks if push comes to shove.
I would definitely be invested in the US stock market (the NASDAQ at least) if my main interests were in dollars, but they're not.
No way to spend wealth these days"? Even if that were somewhat true, because of coronathinggy I assume, one could always buy a fuck you all property to have all the freedom you want inside your OWN place and land and with your own rules.
Bleh, there will always be ways to spend wealth. Maybe MORE so in difficult times.
I don't know if it's related to BTC, definitely not to corona as I had evolved before, but a few years ago I was thinking about buying a flat when I would have enough for a deposit, then I found out you could get a house built for not much more, especially with low interest rates here, so I was looking at plots, my initial idea being I would be good with 350m² (3767.37 sq ft). Fast forward and now I want 10 times that at least, and the less neighbours the better, while still staying not too far from my workplace and Paris. Not easy to find, but I have some properties in sight, one where the closest neighbour is about 90m/100yards away, and another entirely surrounded by fields. It's not that I have trouble with people, I'm fine with them, but I want the freedom to go around in the nude, or put some music in my garden, or make noise all night with friends, without having to worry about them. And also have enough arable land to be able to make food if necessary.
actual wall report
9.8 pulled off the table overnight - bullish
Translation please
40000sq ft? (3500 m
2)?
That's a palace.
I don't need a palace, i would rather have several smaller houses or even apts in cool places with either great weather or view.
Maybe Paris is good re weather, I never been. Weather and some "nature" like sea or lake or a large river, woods nearby are a must.
So far, choices like Hawaii, British Columbia, some places in CA, maybe Colorado are popping up. I used to like NY, not sure how it is now, though.
There are some great places in Europe too, but i would have to learn italian, spanish or portuguese to be there for longer time periods.