12.10.15- Shaping up to be a slow and thinly traded day.
Looks like it is going to be a flat day, nothing wrong with the same sometimes.
Just read the Blackrock Investment Institute's 2016 outlook some interesting thoughts with all scenarios pointing to an "out of sync" business cycle. So many fundamentals will direct how things shape up. Most importantly said was, "Technological advances are set to keep dampening wage growth and inflation, reducing the need for the Fed to raise short-term rates as quickly and as high as in past tightening cycles" and "The impact of any U.S. rate hikes on long-maturity bonds is crucial. We suspect the Fed would prefer to see a gentle upward parallel shift in the yield curve, yet it has only a limited ability to influence longer-term rates. We detail how the absence of a steady buyer in the U.S. Treasury market will start to be felt in 2016."
Meaning as long as some institutional or country's step in and starts buying large segments of US debt we will see great rates through 2016 with the FED only increasing rates in very small increments. With that conclusion and the recent realtor.com article out that the St. Louis market is #2 in their Hot Market Top 10 for 2016, we are in great shape for personal records for all of us. Let's finish 2015 strong recharge our batteries and really take 2016 by storm.
2016 isn't even here and it is looking like it is going to be a great year. Happy selling and listing.
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