Airbnb, Inc. Class A Common Stock

Starbucks Corp

Well... it appears people are still purchasing over-priced Airbnb's and lattes at Starbucks  (ABNB expressed strong demand for travel).
[$ABNB](https://twitter.com/search?q=%24ABNB&src=cashtag_click) [$SBUX](https://twitter.com/search?q=%24SBUX&src=cashtag_click)

Earnings have been better than I thought. Job openings are still elevated and unemployment is still low. If the market is thinking the Fed could get less aggressive here, I think if anything, this gives them the green light to keep staying hawkish.

The S&P 500 (ES) has been pretty choppy at a major support level. Feels like it is just waiting to hear from the Fed for now.


![](https://cdn.commonstock.com/1a4db883cc446137e44ea5d86ae71f3be3d1ef6267ad142cdabcf69ec1ec5398-1118x523.png)

What is your take on how high the Fed can raise interest rates over the next couple of years?

Personally I find it hard to believe they could raise rates above 3%, because the federal governments debt service would become unmanageable.

3% is much, much lower than the all time high in 1981 of (a dizzying) 16%.

While it might be healthy to get interest rates up above 5%, what do you see as realistic as far as where the Fed CAN put interest rates?

Thanks!

Tim Esteben

https://twitter.com/search?q=%24ABNB&src=cashtag_click

https://twitter.com/search?q=%24SBUX&src=cashtag_click

Random thoughts on where we go from here...

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