Nov. 6-7 FED Meeting and Rate Cut...Not too long now and the FED meets in November which means time for another rate cut.
Some are saying there will be no cut, but I'm quite confident the FED will cut rates at a pre-determined amount each FED meeting as has been the case with the BoC.
Thing is, will it affect the price of TLT and ultimately HPYT?
Well according to logic it should cause appreciation in both, even though this didn't happen last time around.
Just another 3 weeks away. Let's hope Harvest was right in promoting potential appreciation with rate cuts.