05-28-2013, 10:45 AM
Vanraw Wrote:We are in for some sort of correction.I just don't know when.
I agree the future economic news is going to continue to improve. The thing that doesn't make sense is the markets run prior to improvement.
Well the market and bond rates are exploding upwards at the same time which is counter intuitive. Since I locked my 30 year at 3.375% a couple weeks ago, my same bank is now up to 3.75%. I can't imagine that is a good sign, because now bond rates are going crazy even as the Fed says they are still buying 80 billion a month. Could mean another housing crash down the line. If the Fed can't raise rates at some point because they are jumping up on their own, that is NOT good.