TTT on Interest Rates, Updated.

In late March we commented in this blog regarding an imminent move in interest rates and the effect this might have on the markets. 

As is plainly evident, the charts and commentary proved very accurate and indeed as we suggested it was not in context with rising rates that the markets fell but rather in tandem with falling interest rates per the ongoing deflation we've been correctly identifying all along, counter to the expectations of mainstream analysts. 

Our outlook has not changed, and for now interest rates continue to drop along with the equities markets.  This is very likely to continue, on average, for months or even years to come.  The implications are falling stock markets, a rising US dollar as people seek to accumulate and save cash even at near-zero interest rates, falling housing prices, and falling gold.

How it actually plays out remains to be seen, but in the meantime it is important to be aware of what is actually happening and not what the mainstream analysts and media say is happening, and it is important to know what historical examples suggest rather than the make-believe theories of government yes-men and attention-seeking economists. 

When the trend turns or the facts as evidenced in the charts refute our expectations, we'll be here with actionable commentary for readers to consider and profit from. 

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