Liberal Forum

LowIQTrash » Yesterday, 4:06 am » wrote: ↑

Yesterday, 4:06 am

Another Twitter Convo where LowIQTrash the Clairvoyant shares his infinite wisdom w/ the Avg Joe…

Real economy should continue to deteriorate while the stock market puts in a final rally (not yet, correction isn’t done) into 2026 before collapsing as well. 

All [[[planned]]{ in advance 

 

Ya know for all the "High" Stock Market "Asset" Prices are artificially "Inflated" by Federal Reserve Policy I mean we kept interest rates almost "Zero" since the Mortgage/Housing Crash 2007/2008.

Only afew years ago when inflation running its hottest since 1970s did Jay Powell finally get off his @$$ and juiced Interest Rates back to a more historical 5.5 percent.

Last Fall he hadda start Cutting Rates again but Inflation still running too hot.

Earlier this year I hadda go 2 the Bank downtown and "Renew" CDs "Certificate Of Deposit".

At 5 percent my Savings generates enough income pay my "Property Taxes"


Welp at "Renewal" found out that was going down a point because Fed Cut Rates again.

I shopped around best I could find was another 0.25 or 25 basis points at a Credit Union was not "Worth" moving my funds and Damaging the "Relationship" I stayed with BMO Bank downtown