I wanted to bring up the crazy idea of cutting interest rates by 100 bps at this point. First the stock market was recently at new all time highs, and the official unemployment number is still hovering near unchanged. We have seen a major jump in layoffs and job cuts recently perhaps that will begin to trickle through. We also have the treasury floating the idea of 100 year savings bonds. To sum it up they want to borrow as much money as possible right now while interest rates are historically low. We'll show you how they benefit.
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I wanted to bring up the crazy idea of cutting interest rates by 100 bps at this point. First the stock market was recently at new all time highs, and the official unemployment number is still hovering near unchanged. We have seen a major jump in layoffs and job cuts recently perhaps that will begin to trickle through. We also have the treasury floating the idea of 100 year savings bonds. To sum it up they want to borrow as much money as possible right now while interest rates are historically low. We'll show you how they benefit.
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