Loading ...“Rates have been falling for 30 yrs and the markets have rose along with them. Everytime the market thinks the fed will raise rates, the markets tank. The markets rally on bad news, I think, because they believe the fed will not raise rates if the economy is weakening.”
The problem here is that rates on the 10 yr. have risen for the last few weeks, yet the stock market has been stable. IMHO, there is no way to reconcile that.
Agree with you that a weakening economy is good for stocks as they won’t raise rates. Just can’t figure out why all of a sudden the criminals think rates will rise and they have no effect on the SM. Gold is a barometer of exactly nothing at the moment, except a rate rise? Really?
Guarantee, if Trump manages to win, rates will get raised and stocks will crater, but I suspect gold will rise eventually. Just sickening to see the corruption of these markets on a daily basis. This economy is not strengthening, but no doubt they’ll pull a strong jobs report out of their asses tomorrow to help Hillary. Gold will get slammed as usual and the SM will rally.
We’ll see I guess.