Tuesday Interest Rates & the US Dollar
Disclaimer: All charts and comments are intended for education and discussion purposes only. No investment recommendations are being offered. Please do your own research and take responsibility for all investment decisions that you make. Questions and comments related to this post are encouraged. | MON - Sector Strength | TUE - Interest Rates | WED - Market Breadth | THU - Commodities & Currencies | FRI - Market Sentiment | SAT - Bullish Percents | About | contact: HeadlineCharts@gmail.com |
The TBill rate hasn't improved much, but at least it hasn't gotten worse. Last week we noted how the Fed Funds follow the TBill so it looks like eventually the Fed Funds rate will dip below 3%. Not sure when that will be though, and I would prefer to be wrong. I continue to believe that money flowing into TBills keeping the rate at these low levels undermines the prospects for a sustained rally in the stock market.
