I just think, debt levels aside, rates need to go much higher to cool spending, thus cool inflation , because of a combination of solid consumer balance sheets and what is still a ton of lent up demand for things, pleasure and fun that people stopped spending on during the CIVID crisis, that spending is just getting started, IMO.
We shall see. The market will tell us, when it’s ready.
Hi Dillon... Wow!!! Now your macro analysis 177 x 15 = 2,661.78 give the same target as mine for sp500. Well, I see a bit lower but more or less...
Good, well thought out analysis.
I just think, debt levels aside, rates need to go much higher to cool spending, thus cool inflation , because of a combination of solid consumer balance sheets and what is still a ton of lent up demand for things, pleasure and fun that people stopped spending on during the CIVID crisis, that spending is just getting started, IMO.
We shall see. The market will tell us, when it’s ready.