Author Topic: How low can we go? 30 yr fixed at 3.75% with no fees...  (Read 827234 times)

Offline Compressed-Village

  • Certified Irvine Addict
  • ****
  • Thanks
  • -Given: 385
  • -Received: 331
  • Posts: 2432
Re: How low can we go? 30 yr fixed at 3.75% with no fees...
« on: January 15, 2022, 08:33:56 AM »
I remember that. It was pretty ugly.

Some of these YouTuber have never experienced any down turn. The mantra was buy on the dip. That worked for a good run in the past decade. The more when that occur, the more convictions that it must happen this time again. On top of that, their tunnel vision into whatever channels that tell them that “This Time it will be different”.

The FED completely distorted valuation and pushing individuals and corporations into riskier and riskier path. Now with their megaphone sounding louder and louder that it will no longer supporting the market, no one believe them, and that they MUST continue this charade of easy monetary solutions.

The FED and current goonies call policy makers is making a huge mistake of giving money freely without real hard work and punish savers / responsible families.

This country was found on hard work, saving, and entrepreneur with risks taking. Talk to any millennial when you walking around your street when you go for a walk. All that they want to do is start a YouTube Chanel and day trade crypto and meme stocks.

The labor shortage is real, because these youngster resort to this. And they think that this is real productive contribution to society.

Let’s see if these animal spirit comes alive this time.

The following member(s) thanked this post:

Talk Irvine Links

[Recent Posts]
[FAQ / Rules]

Site Supporters

SimplePortal 2.3.7 © 2008-2022, SimplePortal