11.23.15 evening

Hi Folks,

In a period of rising interest rates – and low Europe/Japan rates – the US dollar will go up. Betting the US$ will go up makes sense. This is negative for gold.

REITs, utilities have negative implications.

Banks, insurance have a bullish impact from rising interest rates.

MLP’s are being crushed with oil. I prefer to buy 2-puts with every 100-shares for a $KMI or $EPD. We have 4-puts for 200-shares of $KMI owned.

The above are the general terms as sector rotation is definitely in full swing.

A December Fed hike was below 30% in mid October. We are close to 80% at this point.

Rates increasing will definitely impact the above scenarios. I’ll be switching some positions so we are aligned with the way of the interest rate. 

Todd

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