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 fed in reality wants a strong dollar to keep their military complex intact. Since they can’t raise rates to strengthen the dollar, they manipulate PMs lower and the foreign CBs cooperate by keeping their rates lower or negative than US rates. Look at pundits like Schiff and others who have for years been predicting higher int. rates. They have been wrong. That’s just my opinion. I am probably wrong. Smarter people than me are wrong every day!