Wouldn’t the latest CPI report mean that the FED is less likely to lower interest rates which in turn would mean the high APY cash accounts are going to stay in effect for longer? Meaning a 5% APY on liquid cash without risk.
The only reason I can think of is that Boomers are trying to maximize their retirement funds and not reading anything, not even headlines.
But this wouldn’t take into account the large banks and firms that are really leading the bull run.
Is this really just because of the idea that there is a potential for “AI” to increase productivity?
None of it makes sense to me, but I’m not an economist.
I don’t understand why there is a bull market.
Wouldn’t the latest CPI report mean that the FED is less likely to lower interest rates which in turn would mean the high APY cash accounts are going to stay in effect for longer? Meaning a 5% APY on liquid cash without risk.
The only reason I can think of is that Boomers are trying to maximize their retirement funds and not reading anything, not even headlines.
But this wouldn’t take into account the large banks and firms that are really leading the bull run.
Is this really just because of the idea that there is a potential for “AI” to increase productivity?
None of it makes sense to me, but I’m not an economist.
I’m no economist, either, but I imagine widespread layoffs and the AI boom both contribute.