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Home › Forums › Financial Markets/Economics › Interest rates
Which rates? FED rates, foreign bank rates, mortgage rates, savings rates? 🙂
All are not tied together.
I’m thinking that, at the next meeting, the Fed will delay raising rates.
There’s not expected to be a rate rise at next week’s meeting. But let’s hope that lack of QE3 will be enough economic chemotherapy to temper growth.
I always focus on the 10 year treasury because that is closely tied to mortgage rates, but unlike mortgage rates is quantifiable. I got out of stocks today (again), sell in March buy in May, just made that up if you couldn’t tell.
So if interest rate remains low, and the stock market is not doing well, and the RE market is peaking out, where are people parking their savings?
Gold.
[quote=AN]Gold.[/quote]
That’s all speculative.
The central banks want us to invest in business and enterprise. But the central banks can only do so much; governments need to take action to increase wages so people can spend on new products and services, and so that new businesses can form.
Gold has been the best performing asset class in 2016 already…the trade has already gone there.
http://www.theweek.co.uk/gold-price/61682/gold-price-could-be-set-to-break-1300