ES, which is in line with the S&P around +.22% today, not the big Santa Claus melt-up some were looking for today as this is the last day for trades to settle for 2011, is also starting to show some negative signs, nothing huge, but a change in character after being rangebound most of the day.
Is interest rates about to start going up?
-
Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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