Can't argue with that.rockstar wrote: ↑Thu Sep 29, 2022 6:06 pmI don't see a 10 year treasury bond anywhere remotely near 5%. That's what I would expect with a 4.6% Fed Funds rate. Markets don't automatically reprice.EnjoyIt wrote: ↑Thu Sep 29, 2022 6:03 pmAre you sure? You know 4.6%. I know 4.6%. Everyone knows 4.6% Doesn't that mean it is priced in?rockstar wrote: ↑Thu Sep 29, 2022 5:33 pmHe said he's going to 4.6%. That doesn't seem priced in yet.
But what about equities? Equities reprice much quicker. Is that interest rate already priced into equities? Maybe not yet, maybe we are getting there and equities have more to drop. Or, maybe the current price is an over reaction.