Wow…three posts on this site in one day. I think that’s a first. But this info is important enough to get out immediately. One of the newsletters that I read regularly is John Mauldin’s “Outside The Box”. It comes in my email box but you can get it online as well.
Today is a very straighforward piece that simply says interest rates have nowhere to go but up. There are even some good clues to find out when they are going up…you can read the code in the Fed’s report.
Here is the link to it Where Are Rates Headed, And Why
So, if the disappearing tax rebate, and the dwindling energy rebate weren’t enough of a spur, this additional one might be.
What I wonder is…what happens next fall when all the rebates are gone and the interest rate is moving up? Huh?