ML-Implode News - Interest Rates Are About To Matter

Economic growth has peaked every time rates got this extended. (Which shouldn't be a surprise.)... While the markets are currently ignoring the risk of higher rates, even a cursory glance at the chart above suggests that we are near the point whereÂ "rates will matter."... The issue is not if, but when, the Fed hikes rates to the point that something "breaks."
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Of course, while so-called "conservative Republicans" are breaking their arms to pat themselves on the back for "getting the economy going again," the reality is they have likely doomed the economy to another decade of sluggish growth once the short-term burst from massive deficit spending subsides. The unbridled surge in debt and deficits is set to get materially worse in the months ahead as real revenue growth is slowing.

Relevant:

Interest Rates Are About To Matter - Roberts