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The markets job.
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beanpole
Posted 9/5/2024 14:45 (#10879664 - in reply to #10879275)
Subject: RE: The markets job.


By taking a dive I meant 2008 style. The kind where unleveraged equities holders liquidate and are frantic to put the cash somewhere. Current interest rates are high enough that the cash probably wouldn’t flow to commodities. I’m not expecting an equities meltdown but it could happen if Kamala wins and quickly makes good on her price controls promise.

Edited by beanpole 9/5/2024 14:46
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