The movement in bonds and weakness in commodities is interesting because it is the opposite of the Spring of '03. Could the next few weeks really smack people making that comparison as stocks actually sell off on economic weakness that drives rates lower?
The Fed meeting next weekcould be one of the most interesting we have had in a while. I am positioned for lower stock prices and higher rates and have been feeling that rates would go up even with a weak economy. Whether that is true or not will probably be resolved in the next couple of weeks.
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