Interest Rates

A truly astounding chart from the twitter feed of Strategas,  a leading institutional brokerage and asset management firm providing macro research, capital markets and, investment management services. They note their chart was from last week so these numbers are very likely currently higher than they were when this was put out.

One other thing about interest rates. The current 10-year US treasury rate is under 1%, trading around 67 basis points. What you are saying when you buy a 10-year bond today is that you have so little confidence in the future US economy that you're willing to hold an piece of paper that has an extremely high probability of losing money after taxes and inflation during the life of the bond in order to get away from the market's volatility.

*Long ETF’s related to the S&P 500 in both client and personal accounts.