Quote:
Originally Posted by Tyga11
Ummmmmm didn't the S&P rise almost 60% over the past 2 years in a rising interest rate environment?
The whole thing is stupid anyways. If we get 'bad news' for a few months everyone will freak out and think we're heading for a recession if the unemployment goes >4.6%. I'd rather have the situation we are in now even if inflation goes up a little bit.
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I didn’t say the market would not rise in a rising interest rate environment. What I intended was that the realization that interest rates likely won’t be cut in the next little while resulted in a revaluation downward, especially of tech and emerging companies. After that, the trend up should resume.