This is why you can never predict the direction of interest rates

The article discusses the unpredictability of interest rates, highlighting the recent Federal Open Market Committee (FOMC) decision to cut the federal-funds rate. It notes that while short-term rates are decreasing, long-term rates may rise, impacting mortgage rates. The piece also compares the current tech-driven bull market to the dot-com bubble, emphasizing the high valuations in the technology sector. Additionally, it covers the challenges faced by student loan borrowers in navigating federal processes for debt cancellation.