Record highs!
I know it sounds like a broken record (kids don't even know what that means) to say "record highs" over and over again, but that's what the Federally fueled rally has given us – over and over again.
Certainly the Fed remains EXTREMELY accomodative but they also stand to lose hundreds of Billions of Dollars on their current bond-holdings if rates ever do rise (because they hold Trillions of low-rate bonds, which lose value if higher-rate bonds become available) – so how long can this game last?
IN PROGRESS
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This entry was posted on Monday, June 2nd, 2014 at 8:32 am and is filed under Uncategorized. You can leave a response, or trackback from your own site.
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