Nonsense. Interest rates couldn’t stay that low forever, and the stock market couldn’t keep climbing forever.
Nonsense. Interest rates couldnt stay that low forever, and the stock market couldnt keep climbing forever.
^ This At some point we need to deal with reality. We can’t keep the Obama interest rates forever. Wall street is over-reacting. Bonds and savings account will see the growth they deserve.
What worries me most is that Trump warned how unwise a increase was. What does President Trump know that the rest of us don't?
I can think of one thing. Well I don't know it, but it is my opinion that the economy went into recession in October and with a FFR of 1.75%. Only time will tell of course, but if you look at the housing market as the indicator...
If that's true look forward to the government digging us into an even bigger hole since we've never managed to climb out of the others they've already dug for us.
Both true, but why so many hikes so fast when we just barely started this recovery?
Why? What drives them down to that level and why shouldn't they remain there?