We have a fed meeting later this week, and after a long long time of policy accommodation propping up all assets, now is the time to start taking the foot off the accellerator.
Time to be cautious pms and pm stocks.
Rates to rise
Started by
Tor
, Apr 26 2010 03:22 PM
1 reply to this topic
#1
Posted 26 April 2010 - 03:22 PM
Observer
The future is 90% present and 10% vision.
The future is 90% present and 10% vision.
#2
Posted 26 April 2010 - 05:18 PM
you havent looked @the history of rising rates and pms.We have a fed meeting later this week, and after a long long time of policy accommodation propping up all assets, now is the time to start taking the foot off the accellerator.
Time to be cautious pms and pm stocks.
gold, in its last bull, continued to rise in spite of volker raising rates into the stratosphere.
besides, they will talk the talk but do nothing
dharma