Rates expected 2 rise to 5-6%, how does this affect investing?

[Lucy Hood]

With the mortgage default rate expected to rise to 50% - interest rates are increasing daily. How does this affect what you are doing with your investments now? Should investors liquidate or rise out the storm? How do you think the economy will look like next year?

[Bob B.]

The lady that cuts my hair, sisters brother in-law is a car detailer and one of his employees said the guy that works on the lunch truck heard it on NPR.