Come writers and critics
Who prophesize with your pen
For the loser now
Will be later to win
For the times they are a-changin’.
Since the 2008-09 Great Recession, we‚??ve seen lower interest rates, minimal price inflation and an improving economy, both here and abroad.
In this ‚??easy-money‚?Ě environment, we‚??ve witnessed a robust bull market on Wall Street and a strong real estate market. Both presidents, the Democrat Barack Obama and the Republican Donald Trump, have taken full credit for this recovery.
But now investors everywhere are wondering if the good news can continue in the face of higher interest rates and rising price inflation. The federal deficit is growing rapidly toward $1 trillion in 2019, putting pressure on interest rates.
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