Interest rates peaked in 1985 when 30 year treasuries paid 20 percent. From there, the interest rates gradually trickled down until several years ago when they came close to zero. I know you’ve been hearing this for several years, but, the end really is near and interest rates are about to start climb again. When they do, all the pundits –read Jim Cramer- will wring their hands and shout about all of the nasty things that can happen. They will tell you that higher rates will mean companies ha...
Published on September 12, 2013 06:53