Forté Capital’s Selected Statistics
Consumer Price Index
The Federal Reserve recently affirmed its commitment to a long-term inflation target of 2%, suggesting that there continues to be plenty of room to keep interest rates low and money markets flush with liquidity. The issue for markets will be the manner in which the Federal Reserve manages any change in this policy.
U.S. Treasury Yield Curve
Treasury yields illustrate both the Federal Reserve’s accommodative stance and the markets’ comfort with long-term inflation expectations. This general level of rates will persist well into 2021, and perhaps beyond, depending upon the future course of COVID-19 and U.S. economic activity. Mortgage rates, not shown on this chart, are at or close to historically low levels, adding fuel to the real estate market broadly.
The information herein was obtained from various sources believed to be accurate; however, Forté Capital does not guarantee its accuracy or completeness. This report was prepared for general information purposes only. Neither the information nor any opinion expressed constitutes an offer to buy or sell any securities, options, or futures contracts. Forté Capital’s Proprietary Market Risk Barometer is a summary of 30 indicators and is copyrighted by Forté Capital LLC. For further information, visit www.fortecapital.com, send a message to [email protected], or call 866-586-8100 and ask for David W. Henion, CPA, or Larry H. Rabinowitz, CPA/PFS.