really interesting point about debt service /income vis-a-vis debt service /wealth and the strains it may create. I am with you on early strength and then a reversal. the sugar high of this pivot concept is going to fade. the one potential offset is the fact that it is an election year and Yellen will do all she can to stimulate the economy
really interesting point about debt service /income vis-a-vis debt service /wealth and the strains it may create. I am with you on early strength and then a reversal. the sugar high of this pivot concept is going to fade. the one potential offset is the fact that it is an election year and Yellen will do all she can to stimulate the economy