We suppose the equity market could have another fit or two before it gets lined into year end. Recall that much of the demand for this stuff was phony, driven by the Fed’s Ponzi scheme.
Certainly the course of least resistance for interest rates is now higher; we set that anchor at 2.99% on the 10yr, June 9. Last - 3.10%. Many others were right; key is to right at the right time.
Absent further scare tactics by the Administration and the end of Fed activism, the US economy will do just fine.
Robert Craven
Certainly the course of least resistance for interest rates is now higher; we set that anchor at 2.99% on the 10yr, June 9. Last - 3.10%. Many others were right; key is to right at the right time.
Absent further scare tactics by the Administration and the end of Fed activism, the US economy will do just fine.
Robert Craven
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