I wanted to get this out as I am working on a more detailed Market Update, but it won't be done quickly enough.
Since the Greek 6 month extension trial balloon has been shot down by German Finance Minister Schauble, the market has continued to bounce after the initial pullback, but there's almost no support here intraday and I'm expecting a move to the downside any moment.
A more substantial market update is almost done.
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
No comments:
Post a Comment