Posted 17 September 2015 - 09:35 PM
i told all and sundry the Fed rates bulldust issue is just that bulldust...and besides most dont understand what rates the Feds are talking about,,,,its the bank rates man...the money market...for mostly inter/intra bank loans....bnks dont need cash....and it means diddly squat to mom and pop and retail investors....the longer rates 2 years up to 10 and 30 years are higher and rising...the ones that do effect mom an d pop...oh man one cannot explain things to people that are mentally atrophied...or just plan stupid...finance is game where bad skills get unravelled and exposed.good grief.