At 0.5-2% interest rates, the “market”was not working. The Fed was in control.
Today, the market is working.
In 2017, interest rates increased as the Fed put the market on training wheels. Long duration equities had a fabulous year.
Let the market work!
@evagalanx Do you want to pay a lot of money to watch pro athletes? Why not ball out for your niece’s or your son’s games? See the country. Make new friends. It’s epic.
@mouthofmorrison I took Solid State Physics from a Nobel laureate. Super nice guy. Did a funny interview about the insanity of driving in NYC. https://t.co/XRTyPbw3jf