Yea I’m not a financial person at all, especially when it comes to stocks or how things work on a large scale. I hope you are correct. An article I saw the other day made me think opposite and a bit worried. It was something about the FED chairman, Powell, talking something about stocks and interest hikes. And people were commenting saying that he’s trying to fluff the stock market and making it seem like it’s doing better than it really is. And that could mean in the future, massive interest hikes. But then again, who knows if I was even understanding that right. I just thought that if interest got crazy high like in the 70’s and 80’s (so I’ve heard) to 15-20% then I would be screwed.
Yea I’m not a financial person at all, especially when it comes to stocks or how things work on a large scale. I hope you are correct. An article I saw the other day made me think opposite and a bit worried. It was something about the FED chairman, Powell, talking something about stocks and interest hikes. And people were commenting saying that he’s trying to fluff the stock market and making it seem like it’s doing better than it really is. And that could mean in the future, massive interest hikes. But then again, who knows if I was even understanding that right. I just thought that if interest got crazy high like in the 70’s and 80’s (so I’ve heard) to 15-20% then I would be screwed.