I was looking forward to these numbers and kept my cash position, thou TMF has been a profitable play if you are betting on interest rates to drop eventually.
Interest rates were actually good for the American people, it reminded people after the 2008-09 Financial meltdown that when you borrow money you must pay for it. Money is not free.
Mortgage rates are still cheap compared to the history of mortgage rates.
Inflation can hurt any economy, and now that even inflation has come down dramatically.
Republicans always want to blame President Biden for inflation, but never take responsibility for taking 8 trillion dollars and giving it away in America, and no one had to pay it back. That is where the inflation started, along with a worldwide pandemic that shut down the entire economy.
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