To: Alberta's Child
How does the fat cat investor earn a nice rate of return when interest rates for safe investment-grade securities are actually LOWER now than they were two months ago — despite the recent FED rate hike?Give it time. Banks will have to attract new money with higher rates. It's how the "system" works.
110 posted on
12/28/2018 6:30:08 AM PST by
central_va
(I won't be reconstructed and I do not give a damn)
To: central_va
Bank rates are tied to U.S. Treasury rates — which were lower on Christmas than they were on Halloween.
111 posted on
12/28/2018 6:38:27 AM PST by
Alberta's Child
("I'm a cool dude in a loose mood! Hey -- two ginger ales for my girls!")
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