March 10, 2015
US stocks fall sharply on fears the Fed may soon raise rates
The prospect of the Fed raising interest rates for the first time in nine years is unnerving investors.
In fact, the prospect of higher interest rates unnerved investors so much today that they piled into long-term bonds, sending today's long-term yields down as a sign of complete confidence in rising interest rate theories. That's right, long-term bonds had a very good day as stocks sold off. I kid you not.
So what does this mean? My headline is every bit as accurate as this one's.
Forehead. Desk. Whack. Whack. Whack.
Q1 2024 GDP Details on Residential and Commercial Real Estate
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The BEA released the underlying details for the Q1 advance GDP report on
Friday.
The BEA reported that investment in non-residential structures decreased a...
2 hours ago
2 comments:
At this point, does action lead to an equal and
opposite reaction ?
Sporkfed
Sporkfed,
It would seem that Occam's Razor keeps popping the long-term rising interest rate theory bubble.
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