Brian Dean, Publisher of OTCPicks.com, announced today the publishing of a new Market Blog - Could Rising Interest Rates Derail The Economic Recovery? Mr. Dean comments, Now that an economic recovery appears likely, the markets have a new bogey-man they’re concerned about—Higher Interest Rates. In the government’s attempt to finance the economic recovery by selling billions of dollars of debt, interest rates have been steadily climbing of late. In fact, the resulting selloff in Treasury prices has not only pushed up their yields, but pushed up the all-important mortgage rates as well. This is already slowing down mortgage applications once again.
Another reason Treasury yields are rising may be because the market is anticipating positive economic growth in the second half of this year, coupled with a concern about inflation thanks to the huge increase in supply over the next two years owing to the growing budget deficit.
Oil / Energy Stocks
Adventure Energy (ADVE), American Petro-hunter, Inc. (AAPH), Powershares DB Crude Oil Double Long ETN (DXO)
Gold & Mining Stocks
Uranium Hunter Corp. (URHN), Nevada Gold Holdings, Inc (NGHI), Proshares Ultra Gold (UGL)
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About OTCPicks.com
OTCPicks.com is an Internet destination for investors seeking information on small cap and micro cap companies. The web site features companies in Profile Campaigns, Executive Interviews and Research Reports authored by our financial writers. We publish our Daily Market Movers Digest Newsletter to opt-in investor members. To feature a company on OTCPicks.com, please contact our publisher, Brian Dean at 972-546-3740, or via email at publisher@otcpicks.com.
Forward-Looking Statement: This press release includes "forward-looking statements" within the meaning of the federal securities laws, commonly identified by such terms as "believes," "looking ahead," "anticipates," "estimates" and other terms with similar meaning. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Important factors that could cause actual results to differ materially from the Company's projections and expectations are disclosed in the Company's filings with the Securities and Exchange Commission. All forward-looking statements in this press release are expressly qualified by such cautionary statements and by reference to the underlying assumptions.
Disclosure: OTCPicks has been compensated forty thousand free trading shares by a non-controlling third party for ADVE advertising and promotional services. OTCPicks.com has been compensated two thousand five hundred dollars by Guidance Marketing for AAPH advertising and promotional services. OTCPicks.com has been compensated two thousand five hundred dollars by a third party (Blue Wave Advisors) for NGHI advertising and promotional services. OTCPicks.com has been compensated three thousand dollars by a third party (Triangle Market Ventures) for URHN advertising and promotional services. OTCPicks.com has not been compensated for coverage of any other stocks mentioned in this Market Blog.
