Loading ...10 yr. soaring with the dollar or vice versa
These rising rates are going to be a problem for pm’s as the Fed is set to dump another Trillion in bonds. It should not be dollar positive though, except for the trick of having the dollar trade against the other weak western currencies.
SM just keeps on keepin’ on. No end in sight. Oil is hanging tough too.
None of this stuff is good for the markets or the economy and yet they somehow keep reporting fabulous numbers. Jobs report on Friday. Tax loss selling in pm’s commences soon. Maybe even now. The cycle repeats.