The Better Bank CD
A Strong Alternative to today’s Low CD Interest Rate Environment.
MYGA, a better bank CD
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More Bad News for Savers…
Get ready for a long spell of ultra-low interest rates. Federal Reserve Chairman Jerome Powell said as much yesterday in a news conference about the Fed's view of the economy and how it plans to support economic growth. Powell indicated that the Fed's benchmark short-term interest rate, currently set at a range of 0% to 0.25%, won't increase until 2023 at the earliest.
Read rest of article by Kiplinger
Fed signals near-zero rates here to stay through at least 2022
The Federal Reserve left interest rates alone and signaled plans to keep them pinned at zero through 2022, suggesting U.S. central bankers foresee the financial system needing support for years to come as it climbs out of the worst economic crisis since the Great Depression.
Read rest of article by Bankrate.com
Howard Marks: Worst Returns In History Coming
(Business Insider) Billionaire investor Howard Marks warned investors in his latest memo to expect the lowest returns in history, and said that the market is vulnerable to "negative surprises." "After a brief foray into bargain-land in March, we're back to a low-return world. But since most investors haven't reduced their required or targeted returns, they have to engage in elevated risk in order to pursue them," Marks added.
Read rest of article by WealthAdvisor
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