Live Trading News
Latest News

Zero Interest Rates Seen Through 2023 and Beyond

By Paul Ebeling1 min read
Part of theBlockchain Center

#investors #Fed #interest #QE #taper #crypto #stocks

"Today, there is good reason to believe that Fed Chairman Powell may start to raise interest rates in late 2023 or beyond"--Paul Ebeling.

The Fed may or may not begin to taper the $120-B/month purchase of bonds in November and wrap up the buying by the end of Y 2022. But Shayne and I believe that the rate lift-off may not begin sometime in Y 2024.

What that means for income investors is: Treasury and corporate bonds pay nothing, and bank CDs continue to offer very low interest rates. The highest yielding 5-yr CD we could find pays a meager 1.1%, and there are big penalties for cashing in early.

So, the answer is stocks and crypto currencies.

Have a prosperous day, Keep the Faith!

Keep reading
Read Live Trading News on Telegram

Every story, signed and delivered.

Subscribe to the kxco channel and get the headline, the AI-written key takeaways, and the chain-anchor link the moment we publish. Audio versions and per-ticker subscriptions arrive in the next iteration.

Open @KnightsbridgeInsightsNo email required.