“If you’re buying a house, your mortgage doesn’t care what the headline says after an FOMC meeting. If you’re running a business, your financing costs don’t care whether CNBC calls it a pause. The market decides what money costs. The Fed reacts.” By JC Parets #Markets #Bonds #Yield
No Rate Hike. Higher Rates. - TrendLabsYesterday was one of my favorite kinds of market days. The Federal Reserve didn’t raise interest rates. And interest rates exploded higher anyway. If that sounds backwards, good. It should. Because th...trendlabs.com