After spending nearly 6 months in the same narrow range, interest rates finally made a move LOWER this week, much to the chagrin of the prevailing narrative calling for “higher rates in 2017.” At the same time, stock prices have been in their most persistent downtrend since the election. All this has investors wondering if the “Trump trade” is beginning to unravel.
Source: Kevin Litwicki Universal Lending
Rates Hit 2017 Lows as Wild Cards Hit The Table