Higher interest rates always kill the bull. They increase the costs of doing business, slow the economy and give people an ability to abandon risky stocks and to earn decent income from safer interest paying investments. How nice it will be for Boomers to be able to get good interest rates from safer insured CDs. Higher rates will suck the money out of the stock market. Sell in May looks pretty timely this year. The charts will tell us what to do.
