Surveillance: End of the Bear Market with Wilson
Bloomberg Surveillance
00:00
How Do You Know if Rates Come Down?
John MacIntosh: The main call was just get out of the way. When you get these kinds of rallies, the shorts usually grow up the most. So it's a low quality rally so far. If rates don't come down, John, and we don't go below 4%, the rally will peer out probably around these levels.MacIntosh: We think that ultimately is going to go to about 195. Mike, how do you know what that looks like? What does that look like? How will you know when you see it?
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