re: When do interest rates rise

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I think it's a much more complicated picture than most realize.

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I definitely agree with that.

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The US is basically awaiting the rest of the world to get their shite together

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Not so much here. I think the US has more power than most other countries combined when it comes to currency. As long as our rates are extremely low, the rest of the world can't get anything together financially. Most of them need our rates to be higher.

I really do think that there is a ton of political pressure on the Fed to keep them down at least until after the election. Raising rates could very well cause the market correction that we need right now. I think the bubble is getting bigger than most realize.