Growth…

Since when is Growth not good? Only in the minds of those who didn’t buy into the New Economy in 2022. I will keep saying, there is too much growth for interest rates to have a sharp decline, anticipating six cuts in 2024 is ridiculous, as is the thinking of economists that look for the 10 Year to make new high rates thsi year.

Here is the chart that I keep posting, It is of the average of the 30Y+10Y+5Y+2Y updated after jobs report today. I look for a range of 4.017 to 4.683 this year. The worm has turned.