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The Fed Is Acting Independent and All That Kind of Stuff
Most people have their wealth tied to their house. So when that starts to happen, as intre rates go up, and they are going up, you're going to see a direct correlation on the home prices falling by 30%. And that will shave off from four 50 to 300, and knock out the home equity which is home equity they din't have anyway,. You know, i've got o hon out. Mid term elections coming up. Rit if this market sells off hard, because the fed is acting independent and all that kind of stuff, right? And does j pow get fired? And do they bring in like, some super ober dovish fed chair at that point