We know that rising interest rates are bad for bonds and gold and are considered good for stocks but in today’s article Chris Ciovacco looks at the effect rapidly rising interest rates can have on the stock market in the near future. ~Tim McMahon,editor 1994 Scenario: Market’s Worst Nightmare Spike in Rates Could Spook Stocks […]
Market Jitters Concerning Pre-Labor Report
Prior to reviewing the state of the markets as of Thursday’s close, it is important to note if any economic report can “flip the charts”, it is the widely-anticipated monthly labor report, which is on tap for Friday morning.