How is GDP impacting the markets and Companies?
Rick joins us to chat about a recent conversation he had on his blog regarding US GDP. We then get into how the lower GDP is translating into market moves.
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Investors are seemingly still looking for that hike in interest rates, keeping T-bonds muted at the moment. I guess I’ll hang onto my TLT shares for now and wait on the assumption that the rate hike won’t be happening and the crowd will come to that realization along with the downward revision in GDP. I hope I’m right.
Jeff Berwick: Systematic Market Crash to Occur on September 13th, 2015
http://palisaderadio.com/jeff-berwick-systematic-market-crash-to-occur-on-september-13th-2015/
It took me all day here in Japan (your night) to FINALLY get what Rick is saying about bonds, i.e. TLT. Thanks Rick!
FYI i
It took me all day here in Japan (your night) to FINALLY get what Rick is saying about bonds, i.e. TLT. Thanks Rick!
FYI i
Good thoughts on the macro environment today guys. It will be interesting to see the market reactions to the GDP revisions.