We wrote about “debt free” and “emergency funds,” saying that only focusing on debts is like claiming that your favorite team won on defense alone, not needing any offense. 482 more words
Tags » Interest Rate Risk
This is a follow-up post to The Gravity of the Situation. Please read that for the simple version.
Since the Federal Reserve decided to begin playing the most dangerous game of limbo in recorded history with interest rates at the beginning of the current market cycle, investors have begun obsessing over yield like Gollum with his ring. 1,125 more words
J.M. Keynes’ “The General Theory of Employment, Interest and Money” was not a general theory but rather a series of brilliant insights. Keynes, a financial market speculator as well as a theoretical economist, applied some insights derived from his speculative activities to economic theory with spectacular results. 543 more words
Two things happened yesterday that will impact your credit union. What remains to be seen is how great an impact they will have.
Most importantly, the Federal Reserve’s Open Market Committee gathered yesterday for its first meeting since January. 405 more words