pectations for the Federal Reserve is for 3 hikes in 2017, then more in 2018. However, that hope is predicated on economic growth expansion -- which cannot happen without the cooperation from a Congress who has only, at this time, approved 2 of Trump's 21 cabinet appointees and appear to be ready to fight him, tooth and nail, every step of the way. Couple that with the fact that the dollar is at 14 year highs and the cost to borrow funds has spiked, dramatically, since election day -- making Trump's fiscal dreams increasingly difficult to attain, I think it's fair to say higher rates isn't a foregone conclusion.

I am long zeroes, via $ZROZ.


http://www.zerohedge.com/news/2017-01-22/treasuries-besieged-idiot-money-reco...


Yellen was Running the economy hot, whatever that means, but, strangely, very recently decided that needed to change.
Trump is surrounded by enemies.
Just like the bubs who supported Hillary, they would rather lose to a democrat than win with an outsider. Powerful people want to sabotage Trump,,


Does anyone remember me saying that to screw Trump all they have to do is raise interest rates? There is more to it than that, anything to increase the cost of money,

Looks like I refinanced just in time!
My C50 will be paid off this year. I keep a little debt floating on a CC but I have cash on hand to cover it just in case of an emergency.

Should be interesting to watch it all play out.


--Steve