Joe Liro
Joe Liro
numbers solid strong threat
They're still very decent, solid numbers and show no threat to the expansion. They're just not as strong as they were.
borrowing caught driving factors fear higher less low main markets might rates seems spending surprise time treasury yields
Fear of higher rates and higher Treasury yields are the main factors driving markets these days. We've been used to low rates for such a long time that now it seems the market was caught by surprise with yields at these levels. We might see less borrowing and less spending as a result.