Now That Did Not Take Long

Last week, we presented an analysis concerning rising interest rates and the probable change in global money flows. It is fundamentally clear that the prognosticators on Wall Street do not understand what is happening in the fixed income markets. A huge percentage of the investment professionals who work in the field of investments have joined the workforce since 2009. So all they know is an interest rate environment in which there has been massive market intervention resulting in interest rates that far lower than what would exist in a free market.

This article is for paid members - please login or subscribe for access.