October 5, 2015
Stocks jump as expectations ease of U.S. rate hike; oil gains
1. Stocks are rising because interest rates are not expected to rise.
October 5, 2015
BOND REPORT: Treasurys Under Selling Pressure, As Global Stocks Rally
2. Interest rates are rising as stocks are rising.
Therefore, interest rates are rising as interest rates are not expected to rise.
Put another way, it's safe to sell bonds to buy stocks as long as interest rates stay low. Interest rates will stay low as long as investors don't sell bonds to buy stocks.
Hey, don't blame the messenger if this twisted logic all seems a tad bit circular. I'm just trying to make sense of the headlines. ;)
Schedule for Week of September 14, 2025
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The key reports this week are August Retail Sales and Housing Starts.
For manufacturing, August Industrial Production, and the September New York
and Phill...
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