All else being equal will Cap Rates be expected to go up or down if

1. buyers are uncertain about the strength of the economy going forward?

2. the Federal reserve raises interest rates?

3. there is a lot of new inventory coming into a market?

4. banks reduce the percentage of debt financing that they are willing provide?

5. demand is expected to grow relative to new supply?

6. investors are bullish about the future of the economy?