Rising Interest Rates

Discussion in 'Trading' started by capmac, Mar 7, 2006.

  1. capmac


    Long rates have been rising steadily for days. If the unemployment #s this Fri show strength, there could be a multi-month correction in the stock market as Big Ben will hike rates at least 3 more times.

    The 2nd half of this year will be a slow one and stocks are factoring that in, how much is anyone's guess.

    There are alot of topping/distribution patterns in equities and this could just be the beginning of a sustained downturn. Funny, a few weeks ago, CNBC was touting that inflows into stocks surged as mom & pop was getting back into stocks (and out of real estate)...