Boring but true observation: when rates go down, prices of debt-sensitive assets go up.
![](https://pbs.twimg.com/media/ERIDrsvVUAAMWYZ.jpg)
Houses are the most prominent example, but "publicly traded equities" are another really important one for many people who follow me, since they directly impact your comp package and/or your company's valuation.
Perhaps that is a life lesson for some people.