The Interest Rate Fallacy

Here’s the most basic of finance/economic questions: What do low rates represent? The vast majority will answer “money is cheap and easily available”, or something to that effect.

But what if the opposite is true? How would your understanding of markets and the economy change?

The Bifurcation Of The Credit Market

Margin debt is making record highs at a rapid pace is the market in a bubble?

Do low interest rates exacerbate inequality? Most who answer intuitively would say no, since low rates mean that borrowing is cheaper across the board. Except that it isn’t across the board. 

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