The End Of Free Money Is Here

"next year there's going to be a Cascade of refinancings that could really hurt the economy and maybe there are buildings that should not have been built purchases that should not have been made because interest rates were so low at the time and what that really means is we have yet to see how many more things could break in the economy when those loans come due for refinancing especially in commercial real estate"

"the Federal Reserve has officially announced that they don't think a recession will happen and that's because inflation or the rate of price growth is finally slowing down unemployment's really low and the top 30 most publicly traded stocks in the stock market called the Dow Jones index was up 13 days in a row which is its best performance in the last 36 years since 1987."

"the S P 500 is up almost 20 percent this year and the NASDAQ which is made up of mostly tech stocks is up a huge 36 percent in a time when interest rates are relatively high"

"if you miss the top 10 days of the market for example you'll miss out on roughly half of the Market's growth and if you miss the top 30 best days of a market you can make as much as 83 percent less in the stock market"

"if you take a hypothetical ten thousand dollars that you invested in 1930 but you missed out on the top 10 days across each of the Decades all the way up until the present time today after 93 years of investing your ten thousand dollars would be worth roughly twelve thousand eight hundred dollars and increase of 28 percent but if you stayed invested and you didn't miss the best days today you probably would not be alive so be glad you weren't born in 1930 but your portfolio would be up almost eighteen thousand percent or close to 1.8 million dollars"