Directions

Plot the current yield curve from the interest rates of U.S. Treasury securities as found in WSJ or IBD, or examine the chart WSJ or IBDprovides. Do not send the curve, but do describe and define it (Normal or Inverted).

Instructions

1. Describe the trend of interest rates over the last several years.
2. Give me your best educated estimate of where interests are headed over the next year and justify your answer.
3. Determine the approximate percentage appreciation or depreciation of the NASDAQ Composite, Dow Jones Industrial Average, and the S&P 500 for the last 12 months and provide these figures.