Not only will the Federal Reserve have to raise interest rates by year end, most likely they'll have to continue to raise them.Â To what levels I'm not sure but they'll try to control this massive inflation bubble (stock bubble, real estate bubble, now inflation bubble? hmmm) by raising rates to possibly over double digits.
Signs that the global economy is emerging from the deepest slump since World War II are fueling bets the Federal Reserve will raise its target interest rate by year-end, futures show. [by Justin Carrigan]
I liquidated my entire position in bonds last week. You can't double the national debt and not expect nothing to happen financially.