You missed my whole point. I was talking about two different things that work in a similar pattern whether its stocks, beef, lumber, etc. Rates and other items are all interrelated while working differently. Sort of how your lungs and kidneys work differently but all work for one purpose and you need them to work or else. I understand how low rates have been under historic norms but let's be honest where are we really. Are we really flying on our own meaning is capitalism really working how it should be working or are we getting a lot of support from governmental buying and I mean a lot of support. Are we really swimming on our own or are we being held up by a life vest. So if the government is keeping the system afloat then your historic norm argument goes out the window. Because we would then be at a much more lower starting point than what we are aware of. That is my point. Where we are may not be really where we are really at.
So when you hear that unemployment is low are we excluding those that stopped looking for work, or those that no longer qualify to collect, etc. Remember identify the true starting point than your theory may be true instead of what we are being told where we are at now. What would happen tomorrow if the government truly stopped buying bonds, everything......, etc., and stopped keeping us a float will that show us where we really are in the market. How do you spell collapse. It's a gimmick but eventually something will give sort of like our debt maybe in my life time or not who knows. At that point then you have the right to tell me to ease up until then have a fabulous day.
