I remembered you schooling SD re buybacks, and also with your interest in bonds , I thought you would enjoy the video's confirmation.
Danielle also has something interesting to say here (listen from 44m - 46m)
about the $100K - $225K income earners, whom she claims are the percent that move the economic needle.
So if that is true, then it depends on where that current credit card debt and delinqenices are coming from. If mostly from the lower earners., then we might have further to wait till actual hardship hits that upper middle class cohort in a way that affect the economy and the stock market?.
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