The Fed Is Scared Sh*tless

The federal reserve is trying to get ahead of inflation, raising rates to unprecedented levels. This could potentially be a very bad three years ahead of us for bonds, equities, and real estate. The events in monetary policy over the last few weeks have reminded a lot of us that we are economically behind the curve. Now, the Fed intents to raise rates at a fairly aggressive frequency. It is expected that there will be at least six to eight half-point increases this year alone, and as many as 16 increases over the next 18 months. With those rate hikes, we may see mortgages jump to 10-11 percent. With people having trouble getting home financing on the current 3 ½  percent, it looks like we’re in for a rough road ahead. - (844) 426-4653    www.bmcham.com