…are, generally, useless and grossly incompetent.
Speaking with friends across the world, at the coal face, all their predictions have come to pass.
Drop rates to soon or too fast, and there will be a rebound effect.
Sure enough, 30-year mortgage rates in the States at 7.5% in May dropped to 6.0%, and now pole vaulted back to nearly 6 5% just days ago.
Same shit happening across the planet.
And now, very sadly with World War III on our door step…. what next?