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@Fullcarry Going to be a major headwind for auto sales. Also refis & equity loans troubles for debt consolidation for credit cards. This excuse everyone has 2 percent mortgages is long in the tooth. Going to pay the fiddler in 2025.
@Fullcarry And only 27 for 2025. (Using 2Y of 5% vs. FFR 5.33%)
@Fullcarry We’ve gone too far. That much is certain. Buy 2s.