10/1/26

September 2026, Chicken Little Portfolio Performance

Rising Real Interest Rates will Crush Stocks

Interest rates have risen dramatically in recent months. Headlines every day discuss the bond market rout, the devastating impact on mortgage rates, and the looming debt crises. Looking at the historical data, real rates have a lot of room to go much higher. The implications are broad and profound. A change in financial, social, and even military conditions.