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Podcast: Lykken on Lending
Episode: 04-08-2024 Rates and the Sun Are Having a "Total Eclipse of the Heart" by Les Parker
Description: 4.8.24 Rates and the Sun Are Having a "Total Eclipse of the Heart"----------------------------(Turn around, Bear lines)Every now and then rates fall apart(Turn around, Bear lines)The US faces a sign in the shadow. Sharp rates, strong jobs, stubborn inflation, Surging Gold, Scorching Oil, and a solid Dollar collide with sagging China, stumbling Europe, and a severed shortcut in the Mideast.Rates continue to rise with 4.52 a near-term target in the 10-year yield. The Fed said bumps are in th...