The Cost of Capital Will Stay Sticky at These Levels

Interest rates have been going somewhat precipitously lower over the last six months or so, and I got to tell you something, it ain't good. The fact that interest rates don't even matter now, rates could go back to zero, but the cost of capital is going to stay sticky at these levels. So if TLT goes above 109 and Danny Moses, this is something you talked about this time last year,. You talked about a scenario where if interest rates start going precipitouslyLower, it ain’t going to be good.

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