Wednesday, October 26, 2005

Don't sleep

Don't sleep or you might miss something. The move in treasuries over the past month (let alone few days) is very significant. Interest rates are quickly adjusting and finally taking into account an environment with higher inflation. I don't know where this stops but I can say this much - it does not bode well for either - a) US stock market or b) US property market.

Here is the chart:


Regards,

BG

0 Comments:

Post a Comment

<< Home