Quote:
Originally Posted by Buckhead
I just don't see any rate cuts coming before the middle of 2024. Maybe the markets are pricing them in but I think Allan Greespan said it best;
Irrational exuberance"
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There’s a lot of folks playing the market who don’t understand the underlying numbers. Which I think causes a distortion.
Same thing happened with Crypto except with Crypto there’s nothing to calculate because it has no earnings.
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“If all mankind minus one, were of one opinion, and only one person were of the contrary opinion, mankind would be no more justified in silencing that one person, than he, if he had the power, would be justified in silencing mankind.” John Stuart Mill
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