Friday, November 25, 2016
CNBC has published an interesting article by Louise Yamada on interest rates with time.* It seems kind of peculiar to me that a low in interest rates occurs every 30-40 yrs and the bottom interest rate is lower than the last one. In contrast although the first three peaks in interest rates were also lower than the previous one for the first three cycles, the 1981 high blew things out of the water with its high rates over 10%.
Yamada says:
History shows the only place for interest rates to go from here is higher — according to veteran technical analyst Louise Yamada.
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"The early stage of a bull market can be accompanied by the initial rising rate cycle," she said. "It isn't until you get to about 5 percent that you start having problems."*
(Click on figure to enlarge)
* http://www.cnbc.com/2016/11/17/200-years-of-us-interest-rates-on-one-chart.html
History shows the only place for interest rates to go from here is higher — according to veteran technical analyst Louise Yamada.
.......................................................................
"The early stage of a bull market can be accompanied by the initial rising rate cycle," she said. "It isn't until you get to about 5 percent that you start having problems."*
(Click on figure to enlarge)
* http://www.cnbc.com/2016/11/17/200-years-of-us-interest-rates-on-one-chart.html
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