RE: SPECIAL REPORT: Trump Signs Irresponsible Spending Bill, Stocks Dive. Gregory Mannarino

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SPECIAL REPORT: Trump Signs Irresponsible Spending Bill, Stocks Dive. Gregory Mannarino

in money •  7 years ago 

Just looking at the DOW from mid-February... It's costing about 100 points in the DOW to suppress the 10-Year Rate by 0.01. So IF their intention is to lower the 10-Year rate to 2.50 could cost the DOW another 3000 points (i.e., DOW 20,500) to get it there. If they want to keep the DOW up, they may have to just let go of the interest rates--should be an interesting Spring/Summer.

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