Howdy, Stranger!

It looks like you're new here. Sign in or register to get started.

Welcome to the Hardcore Husky Forums. Folks who are well-known in Cyberland and not that dumb.

Insiders Are Dumping ALL Their Stocks On Retail!

AtomicPissAtomicPiss Administrator, Swaye's Wigwam Posts: 64,567 Founders Club
edited May 2022 in Tug Tavern

Comments

  • HFNYHFNY Member Posts: 5,215 Standard Supporter
    I don't see why anyone wouldn't raise a little cash, especially holdings that don't pay a dividend. The Fed is slowing their virtual printing presses and interest rates will tick up.

    From what I gather, this Omincron variant is more infectious, but thankfully milder, than the original Wuhan virus so most people who are not vaccinated (and some who are) will feel something similar to a common cold and thus not clog the ERs / ICUs. So the worst case scenario is off the table and that should also provide upward pressure on rates.

    Of course if I absolutely knew where interest rates are going, I would be taking out a 2nd mortgage and not talking about it here haha.
  • jecorneljecornel Member Posts: 9,727
    milder? was the first variant serious?
Sign In or Register to comment.