VIDEO: John Kosar, Director of Research, appeared on Fox Business on March 24th 2011 to discuss US interest rates’ potential influence on the US stock market in Q2 2011.

Kosar said that Asbury Research was anticipating a quarterly peak  to soon emerge in the yield of the US 10-Year Treasury Note which, if this peak materialized as expected, should portend upcoming weakness for the US stock market in Q2 2011.

The yield of the 10-Year Note peaked 3 business days later, at 3.50% on March 29th, then proceeded to collapse by 62 basis points to 2.88% by June 24th.  The S&P 500 peaked about 5 weeks after John’s appearance, at 1371 on May 2nd, and then proceeded to decline by 113 points or -8% into the 1258 June 16th low.

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