Over the last three weeks, we have discussed the "sellable rally" in the markets. However, one of the more stunning movements in the market was in interest rates which have fallen sharply in recent months as "deflation" and "economic weakness" have become points of concern for the Federal Reserve.
Just last year, the Federal Reserve was hiking rates with the expectations of stronger economic growth and rising inflationary pressures from a tight labor market. Almost a year later, the markets, and the White House, are begging for the Fed to cut rates, and stop