Name:   MartiniMan - Subject:   Q2 GDP Crushes Expectations and Doomsayers Date:   7/30/2025 2:02:25 PM

I'm actually in the exact same boat as you.  I have zero debt so lower interest rates hurt savers like us.  Having said that, I still have a ton of money in equities and it wouldn't hurt to see some of the money in interest bearing accounts move back into equities. 

Despite all that my main concern is the debt and the cost to service it.  Every 1% drop in the Fed rate will save taxpayers at least an additional $100B in the short term as those debts mature and around $500B-$600B per year by 2035 when all the current debt has matured.  I know Trump said the long-term savings would be around $900B per year but the real number is probably closer to mine unless the Fed drops the rate by more than 1%, something I doubt.  Current rates under normal debt circumstances would be fine...but we are in anything but normal debt times.  And that is thanks to the COVID, reckless spending under Biden, obstruction of Democrats and the fecklessness of the GOP.