An interesting adjustment in yield curves may be foretelling the next big move for the stock market. Short term rates are controlled by the Fed. For eight years the Democratic appointed Janet Yellen and the Fed Board have kept interest rates at crises levels of .25 %,
Read more →The US Federal Reserve policy of artificially forcing interest rates to near zero and leaving it there for close to eight years has put a terrible burden on the “savers” in our society. They were the middle class. They worked hard and put money away for retirement.
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