21 Nov Dollars & Sense – Rising Interest Rates
Dollars & Sense – Rising Interest Rates
Photo by Bonnie Meisels ©All rights reserved
Recently rising interest rates came as big suprise here in Canada after much talk and speculation that rates would remain low for quite some time. A recent publication from TD Bank gives us a good snapshot of the current U.S. and global fiscal picture. Although it’s complicated, at least too complicated for me, this TD Economy report does a nice job of explaining some of the reasoning and underpinnings of the suprising rise in interest rates. Where it goes from here will depend on what unfolds in the new U.S. administration going forward. One thing we know for sure, the markets don’t like nor respond well to uncertainty!
Read the report below or on my market reports page: