21 March 2012

21 MAR 2012, Wednesday

  • Yes, interest rates are rising recently.  As they should, due to potential inflation and default risks in the future.
  • But we are a long way away from Interest Armageddon.
  • Long term historical average is probably around 7% to my eye.
  • Interesting info regarding defense spending by country...


  • Below, interesting SP500 chart...blue hashed boxes are QE periods...


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