With all of these super low interest rate 30 year mortgages with roughly a 8:1 mortgage vs income ratio only getting worse and half a trillion in debt, how are interest rates ever going to go up? how do you correct stagflation with such low unemployment and already record low interest levels.
Thinking the economy doesn't have a huge bubble in it is like Shorters thinking they can cover 60m shares on a company that has already bottomed out
GXY Price at posting:
$1.15 Sentiment: Buy Disclosure: Held