Trying to predict exactly at what level of interest rates the economic expansion and equities bull market will end is futile. The honest answer is "nobody knows".
But more important than interest rates are financial conditions. And despite the Fed's multiple rate hikes, financial conditions are still extremely easy. Historically, financial conditions need to be much tighter for a bear market and economic recession to begin
https://bullmarkets.co/study-financial-conditions-still-too-easy/
Submitted May 20, 2018 at 07:21AM by markethistory https://ift.tt/2IAjEla
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