So many predicted that in this forum:
https://youtu.be/LYRBxjAnlso?t=1023
(Rolex are now delivering watches and people on the list were only register without interest... except making quick money.)
It is happening.
PS: economy is still very strong and we have this secondary market. So imagine when the FED will reach the breaking point they are aiming
and hold... As a reminder, many months ago, Lawrence Summers was sent as a messenger in the media and was warning that the FED would hold high interest rates even when things are ok (he was making the analogy with antibiotics). It has now been confirmed by other FED members. Here is a nice resume: "
Fed's Daly on Rate Hikes, Inflation, Policy Coordination (Bloomberg Markets and Finance)"