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Old 02-21-2021, 07:55 AM
Oscar_Stanage Oscar_Stanage is offline
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Quote:
Originally Posted by Rich Klein View Post
Not just BB Cards that people are afraid are in a bubble.

https://www.bloomberg.com/news/artic...s?srnd=premium
the jump in interest rates spooked parts of the market last week and is on top of the list of risks for any investor. There is no doubt that if stocks rollover, the card market will do the same, and in a more violent fashion.

that said, as long as the Fed is determined to pin rates at zero, it just makes sense to be invested in stocks and other risky assets like coins, cards, etc.

the jump in rates at this point is more due to inflation fear than actual inflation.. i think at the point we see stronger evidence of the latter, that will be the true catalyst.
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