The economy in one (more) episode
The New Bazaar
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Why Should You Care About Bond Markets Going Down?
Mortgage rates have gone up from below three % to something like five and a half%. That also is going to have a big pact on unconsiered behavior and the housing market. I think we've aready seeing some of tham. And then finally, i do want to talk about what's happened in crypto, which is also a huge sell off. The price of various crypto currencies are down something like 50 % this year,. depending on the crypto currency. But it's interesting in so far as it seems to be linked to other things. So by itself, i don't know how much it matters, unless you're like a lamberguinea dealer.
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