This is a surprising informative article giving more insight into the last time in history that we've had interest rates this low. The article starts on PDF page 13.
http://www.schwab.com/secure/file/P-6663498
How Long Can Rates Stay This Low?
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MachineGhost
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How Long Can Rates Stay This Low?
"All generous minds have a horror of what are commonly called 'Facts'. They are the brute beasts of the intellectual domain." -- Thomas Hobbes
Disclaimer: I am not a broker, dealer, investment advisor, physician, theologian or prophet. I should not be considered as legally permitted to render such advice!
Disclaimer: I am not a broker, dealer, investment advisor, physician, theologian or prophet. I should not be considered as legally permitted to render such advice!
Re: How Long Can Rates Stay This Low?
Very interesting, I have not read that perspective yet but it proves the government can keep rates down. With that said, stocks need to correct 50% to restore decent values which is what the government should have let happen and we may be recovered by now. Instead they have delayed it.
Re: How Long Can Rates Stay This Low?
I agree but I think they will continue to delay it for as long as it benefits them. That is a long ways away imo.tnt wrote: Very interesting, I have not read that perspective yet but it proves the government can keep rates down. With that said, stocks need to correct 50% to restore decent values which is what the government should have let happen and we may be recovered by now. Instead they have delayed it.