1. Does the Fed Need to Raise Rates?
Rates already rising, even though U.S. economic data is tepid.
Indeed, LIBOR rates continue grinding higher and the TED Spread has widened sharply…3 month Libor up 145% off low base.
Indeed, LIBOR rates continue grinding higher and the TED Spread has widened sharply…3 month Libor up 145% off low base.
EEM Stopped at 200day …Red Line on Weekly Chart.
TNX-10yr. Yield Chart.
The outlook for consumer spending is significantly supported by the increase in home prices seen over the past three years, see chart below.