Bad Omens
by John Mauldin
Financial Sense
We have clearly been in a recent run of higher interest rates, with a looming “threat” that there might be less quantitative easing before the end of the year. It would appear now that Bernanke wants to leave his successor to implement what everyone knows must be coming at some point: a return to a normal interest-rate environment. While rising interest rates are bad for me personally (for another four months), a return to normalcy would be good for our future – though the transition is likely to be bumpy.
With this in mind, I offer this week’s Outside the Box from Louis and Charles Gave. In a brief essay entitled “Bad Omens,” they note:
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Source: http://financialsurvivalnetwork.com/2013/07/bad-omens/?utm_source=rss&utm_medium=rss&utm_campaign=bad-omens
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