Bulls, Bears & BS

New All Time Highs Are Coming

Graham Summers, MBA

Bonds are telling us that the Fed is done raising rates. The yield on the 2-Year U.S. Treasury peaked in early October and has since fallen from 5.2% to 4.8%. Interest rates are at 5.5%, so the bond market is not only telling us that the Fed is done raising rates, but that the Fed will have cut rates by two or three times in the next two years.

This has ignited one of the best single month returns for stocks in 30 years. This week we delve into where stocks go from here and why.

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