The crypto & stonk killer. Rates have been exceptionally low because of crisis. Look back to 2009. They went up in 2016 for a little bit while donnie complained. (he wanted that easy money because he tweeted about stonks his entire time in office). They drifted lower thereafter and then BAM! Another crisis the government had to print through. Where did all the PPP money go??? Kodak? DWAC? Nobody knows. Frauds abundant and the Fed will now run-off their near $9T balance sheet and start lifting rates. Plebs keep buying $SPY & Tesla calls or Simpcoins. #clueless
Should be an epic show.
*valuations matter
Rates will bust the Fed's 2% Long Term average goal with ease. Crypto kids will go broke and they should blame their doge daddy for pumping them for personal gain.
The "trillion" dollar companies will implode. Shibby Bitty too. All of it.
GL
Should be an epic show.
*valuations matter
Rates will bust the Fed's 2% Long Term average goal with ease. Crypto kids will go broke and they should blame their doge daddy for pumping them for personal gain.
The "trillion" dollar companies will implode. Shibby Bitty too. All of it.
GL