Bottom Out?

Since bottoming out on July 24th, interest rates have been on the rise. Stocks continue to move higher, whether the economic news is good or bad mainly because the Fed will always be in the wings ready to drop more stimulus.

And as is usually the case, when Stocks go higher, interest rates go higher.

I continue to recommend locking as the trend higher in interest rates is not our friend.

Leonard Winslow
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