The Verdict Is…

Today we see what the verdict on interest rates has been. The economy remains robust and the working average interest rate rose to 3.826 from the 3.61 rate on Sept 17. The stock market is now in a time where the valuation model points out it has to deal further with over-valuation. That brings us back to the view that the R-Factor rate is more like 3.73, not the 3.0 rate that some market guru’s have been touting.