Next week will be crazy I for one have no idea what will happen. Over the last 2 weeks the T bill rates have dropped which makes no sense if a .75 rate increase will happen
30 year ^TYX now 2.96%
10 year ^TNX now 2.73%
5 Year ^FVX 2.81%, inverted yield curve with 10 year.
Add to that the FOMC Meeting next week. MARKETS will be fun to watch.
Consumer spending, inflation, and stock market went up. Interest rates and GAS have come down. ALL the opposite of what FOMC would like to see, if they are going to get inflation under control.
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Next week will be crazy I for one have no idea what will happen....
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