The Current Economy with high debt, Repo's, low inflation & GDP Growth rate, is not ready for higher interest rates. A very important area for Bond Yields.
Historically after an inversion of 10/3 month yield, higher interest rates have been accompanied by higher unemployment and falling stock prices.
Historically after an inversion of 10/3 month yield, higher interest rates have been accompanied by higher unemployment and falling stock prices.
評論:
high base forming bullish for higher rates
評論:
Still bullish
Real Macro Economic Investing
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