Originally Posted by
jtrain609
I know, I'm arguing that he's wrong.
When you're in the early part of a cycle, I agree, it's impossible to know what comes next.
When you've reached the end of an economic cycle, and you have 164 years of data to compare it against, the chances of being an outlier in having the economic growth period last longer than any period of time in those 164 years is slim.
I'm not saying it's impossible for growth to continue past 120 months, but only because I have to say it's not impossible, in the same way that I have to say that it's not IMPOSSIBLE that Robin Hayes is actually God in disguise.
But really, I'm really saying is that it's impossible.
Ok, but what’s probable is that while we are still in the good times, which we are, and while the landscape is still favoring us, which it is, there’s no reason to accept rates this low, and raises that are still lower than everyone else’s. Do we want to be 4 years behind in the good years? As soon as a downturn occurs, we won’t be 4 years behind to go backwards...