Just watching the price moves in the averages, the underlying trade is almost as if it reset at 12 pm or so, in to advances (which have been small), the underlying trade looks like it's not buying this and selling it instead. I have some other asset classes to look at and make sure this trend keeps going, I did look at the flight to safety trade, TLT and it is showing the exact opposite, as if money is flowing in there (leaving stocks, entering Safe Haven assets?)-that's what it looks like.
Is interest rates about to start going up?
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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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