March 2012- Let Them Eat Stocks!
On March 26 Federal Reserve Chairman Ben Bernanke reaffirmed the Fed’s desire to hold interest rates low for the foreseeable future. With current annual price inflation (CPI) running close to 3.0 percent and 90-day Treasury bills yielding 0.10 percent, it appears investors will continue to confront negative real returns on cash equivalent assets for some […]
March 2012- Let Them Eat Stocks! Read More »