Alliance Bernstein has provided an unbiased side-by-side comparison of Clinton vs Trump on policy positions.Whichever candidate you support, this shows you where they stand on actual issues. Good to share. Check it out here.
While low interest rates have hurt savers, the Federal Government has been the biggest beneficiary. In eight years our national debt has doubled, but our annual cost to service this debt has gone up only 20%.
When we return to a normal interest rate environment, our massive debt will consume a significant portion of tax receipts. Peter J. Tanous, Chairman of Lynx Investment Advisory clearly lays out the danger lurking ahead. From CNBC, read it here.
In Brian Wesbury's video, Anecdote to Conventional Wisdom, he explains why a Federal Reserve rate hike is not a tightening of monetary policy. What is important is what happens to the $2.2 trillion in excess reserves at the Fed. Watch it here. Anecdote to Conventional Wisdom
