Interest Rates - The Two Faces of Dr Jekyl and Mr Hyde
Low Interest Rates - The Two Faces of Dr Jekyl and Mr Hyde - Get more documents
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Right now I'm into investments and I post my opinions on them. Everything is just that, my opinion and you should do your own due diligence if I've said something to catch your interest. It is also wise to check the date and check out changes since the post.
A word of warning from Buffett:
"Derivatives" are "financial weapons of mass destruction."
It is in everyone's interest to take cover.
Low Interest Rates - The Two Faces of Dr Jekyl and Mr Hyde - Get more documents
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Labels: Debt, Housing Bubble, Mortgage
2 comments:
I think U.S. Rates have hit a temporary bottom. Fed officials (to me at least) seem to be bracing the market for no change at the April 30 meeting. Inflation, with crude at 119, is clearly a concern.
Banker
A very good thing is that lending has not happened at low rates. Basically the even though the fed reduced rates the borrowing rate has not declined for consumers. Lending new money at new lower rates would increase the disaster.
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