I always have interest rates on my mind. Unlike most IHUBers, I own stocks AND fixed income stuff, including bonds. But my bonds are all pretty short term, like those two 5-year CDs I picked up about two years ago, paying 3+%.
Higher interest rates will kill home values and stocks, and anyone dumb enough to reach for yield in longer term bonds.
RobinHood Kids won't know what hit them if rates return to more traditional levels, like say 4%.
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Because the Good Life is Just a Pump or Two Away