Interest Rates Down 07/31

fmdog44

fmdog44

Well-known Member
Location
Houston, Texas
Good if you owe, bad if you save. Perhaps there will be one or two more cuts before year's end.
 

Rates were already down in advance of the actual cut ..investors have been dragging rates down for months ....the fed futures reflected the cut months before ....the fed cutting only confirms that the fed is okay with where investors took rates ....if not we get the inverted yield curve or a bond sell off readjusting
 
Just ridiculous. The rate cut was a political move (dare I say), not monetary. And yes, they're talking about another 25 basis points down.
 

Interest rates were dropped and Trump just announced another round of tariffs on China. Should be a rough ride on Wall St the next few days.
 
Money in the bank earns almost no interest, anymore....and I don't see that changing unless we enter a long period of runaway inflation....I'd far rather just "warehouse" the money than have to contend with substantially rising prices. The Stock Market has it's ups and downs, but it is about the Only avenue left for a person to improve/maintain their finances.
 
or ladder bonds to meet the time frames you will need the money .

back in 2008 the fed did everything but drop leaflets out of helicopters , telling people don't leave a lot of money in cash .

if you did nothing but ladder treasury bonds you made a lot of money.

but of course those who did not pay attention paid the price ... they got nothing on their money where as bonds had great gains .
 

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