Re:U.S. credit card debt jumps 18.5% and hits a record $930.6B
by dragonwriter on Friday February 03, 2023 @02:04PM
(#34646271)
> it seems the general direction will be down until the fed pivots.
More likely, it will be down until market participants are sufficiently convinced the Feds will pivot enough, and then it will rebound, at unknown velocity.
And, yeah, trying to strategize around that fact is trying to time the market.
More likely, it will be down until market participants are sufficiently convinced the Feds will pivot enough, and then it will rebound, at unknown velocity.
And, yeah, trying to strategize around that fact is trying to time the market.