Yikes

This is incredible:

Interest rates were literally at 5,000 year lows over the last decade, according to Bank of America.

Now, we are right around the historical average.

However, rates have been rising near the fastest pace in history.

Many people have not experienced… pic.twitter.com/U3w7LIPtSM

— The Kobeissi Letter (@KobeissiLetter) September 29, 2023