Saturday, March 30, 2013
I think the risk is for interest rates to go up going forward. The best is behind us in this cycle. Problems in Europe especially arising from the fiasco in Cyprus is making the Fed cautious, but this is only delaying the inevitable. I just got an email complaining that the Euro has strengthened. I replied treachery is present in the markets.
These are tumultuous times indeed. I hope people are still able to sleep well. I have been waking up in the middle of the night sometimes several times in the past week.
Posted by PengYou at 11:14 AM