Here’s a pretty dire article about what the recent rise in interest rates may mean for the economy. It may be a bit ‘Chicken Little-ish‘ but it does raise some valid concerns.
Posted by 1 August 2003
Watch Those Bonds
Yesterday’s Worden Report was too good not to post: Poison Gas Blue chips broke rapidly at the gate today, breaking out of patterns that just a day earlier looked sickly and hopeless. This was all on better-than-expected economic news. Later in the day, when it was realized that bonds were plunging, the party broke up. [...]
