Yes, I agree.Anyone else feels like the last 5 months are not real? I was at 220k by end of October 2023 and thought "300k would be nice to reach within the next 1.5-2 years" and here I am at 296k today
In Nov 2023, the Fed confirmed they would cut interest rates in 2024.
The market took off.
Now it looks like 3 cuts instead of 4, so things are slowing down.
Every DCF analysis has some variation of interest rates in the denominator.
When interest rates go down, PV [Present Value] goes up.
Statistics: Posted by doobiedoo — Sun Apr 07, 2024 1:32 am — Replies 4291 — Views 1091022