The Elbenbien Theory Which Explains The Stock Market

Old_Skeet

The first thing to understand is that the stock market is overwhelmingly influenced by interest rates. It’s difficult to overstate this key fact. Interest rates are the bone and marrow of the stock market. More specifically, the stock market is ruled by long-term and short-term interest rates. Of the two, long-term rates are more influential.

One can continue to read how both short term and long term rates effect the market through the link below.
http://www.crossingwallstreet.com/archives/2014/08/the-elfenbein-theory-which-explains-the-entire-stock-market.html

I wish all ... Good Investing.

Old_Skeet

Ted

Old_SKeet; A lot of truth in what he says. Nice Link 1
Regards,
Ted

bee

Ray Dalio hits on this topic as well (first linked a believe by Catch22):
How the Economic Machine Works