Mike's Daily Comment
Record low borrowing rates have impacted housing, stock prices and deficit financing. Government borrowing costs a lot more today than borrowing just a few months ago.
The cancel culture, doxxing, violent protests are all reminders that the work to end bullying and the disrespect for others that is at the heart of it has a long way to go.
Refusing to call the rape, torture and forced sterilization of Uyghurs genocide is just the latest example. But businesses & universities who deal with China should get used to it.
Justin Smith shared some reasons investors might consider adding mortgage funds to their portfolio. Analysis on this new type of asset class, and why it is becoming so popular in this low interest rate environment.
Justin did a full presentation at the 2021 World Outlook Financial Conference on this topic. It provides more detail and recommendations, and we are able to offer it to our MoneyTalks audience for free… CLICK to Access and watch the video





You Think Rising Rates Don’t Matter?
Posted by Michael Campbell
on Friday, 26 February 2021 8:24
Think again. That interest on the $100 billion stimulus package they talked about in November would now cost $873 million more in interest per year.