The Markets Are Still Rallying

The expectations for interest rate hikes have really come off the boil. The entire yield curve is now below three %, which is a big change from where it had been. And markets continue to like so like we talked about last week with a a d r horton as an example. So paradoxically, the market is looking at what's going to happen nine, 12 months the line and they're less scared than they were before.