Thursday, March 25, 2010
Markets Responding to Economic Strength
Just a quick update to yesterday's post, observing important market dynamics, as the dollar (top chart) and 10-year Treasury rates (bottom chart) continue to march higher, as we continue to make fresh bull highs in stocks.
Strong dollar, strong stocks, rising rates: looks like markets are responding to economic strength.
I look forward to the indignant comments of permabears. :-)