Two important meetings for the U.S. economy, inflations, interest rates, and global dollar valuation. Expect interest rates to continue higher this year and next as the U.S. Treasury sells record volumes of debt with few international buyers. Also, expect another banking crisis to rear its ugly head soon based on the commercial real estate needs to finance with downward trending collateral values.
Keep an eye on the results of the BRIC’s Annual Meeting taking place in South Africa this week for clues on China bailing out their own banks and real estate firms.