For eight years the Federal Reserve Bank has held interest rates abnormally low. The Fed's dual mandate of moderating unemployment and inflation seems to have morphed instead into keeping stock prices high. That has helped Wall Street tremendously but has punished the average person saving for retirement. What we need now is economic growth, an...
Market Commentary 2016 Q3 - The Fed is Punishing Savers and Retirees
Publish Date:
Oct 24 2016