It is my expectation that in 2017 the stars finally align and we see a rising interest rate environment that we have been anticipating for over 5 years. It is my expectation that the combination of economics, Fed monetary policy, the new administration’s fiscal policy will lead to create that scenario. Longer duration bonds are…
Month: January 2017
“Compound interest is the eighth wonder of the world. He who understands it, earns it … he who doesn’t … pays it.” …