What I’m seeing there is that low interest rates bode well for the econ. That either means things are going to be looking up for us eventually, or it means that this is as good as it gets and when rates go back up we’re SOL...
Depends on the pace of rising rates. I expect the fed to raise rates in the fall if for no other reason than to show that they will raise rates. (As an aside with all of the easing going on worldwide the US maintaining rates is tantamount to raising :-). But that won’t stop the flood of money into treasuries as the rest of the world slows down. Thus you have a flattened yield curve. the long rates are still going to be good for the economy particularly if it’s a slow ascent back up to “normal”. We just can’t take a “shock”.
AAPL +5% After hours
74+ million iphones sold. Wow.