No downside to being wrong, so prediction makes would agree with this consensus.
Wouldn’t you expect this info to show up in market interest rates, since you can lose a lot on 6-year loans if you’re wrong about whether the apocalypse is showing up?
Good point. Largely depends on how many ‘fundamentals’ investors there are in debt relative to ‘speculative’ investors.
Wouldn’t you expect this info to show up in market interest rates, since you can lose a lot on 6-year loans if you’re wrong about whether the apocalypse is showing up?
Good point. Largely depends on how many ‘fundamentals’ investors there are in debt relative to ‘speculative’ investors.