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What direction will interest rates take?

I like most others believed that these were going up. This new downward trend is troublesome, as I believe that it is a symptom of a sick economy more in trouble than most realize. We are reliving the '30's more than anyone realizes. It is just the Obama government would rather lie than admit it.

Happy morning all! Looks like metals & stocks came out even yesterday, atm futures are slightly up again for both. All we get today is the trade balance tho tomorrow more labor stats. This morning's news:

Is Stock Market Volatility Increasing? May 5, 2014 Ronald Delegge. Is stock market volatility rising or falling? For most of this year, stock market volatility has actually outperformed the stock market itself.... Read More
The S&P 500 Finds Itself In Another Fine Mess - Avi Gilburt, MarketWatch
Piketty Recycles Carter-Era Economics - Stephen Moore, Washington Times

A Bearish Verdict From Cycle Analysis
- Humble Student Of The Markets

Yes, Inflation Really Is Low - Cullen Roche, Pragmatic Capitalism
An incredible explanation for why interest rates are low US interest rates are still fairly low but you'll be shocked by what one strategist says is the reason. Talking Numbers

What direction will interest rates take?

I like most others believed that these were going up.

We've been having T-bills at a tenth of a percent which is so close to zero that any more serious lowering means negative rates --happening already in places like Switzerland where you got to pay to loan them money. Seems very very unlikely for the U.S., an invitation for deflation. Rates need to go up and that spells disaster for both federal budget outlays for debt interest and for any hopes for future economic expansion.