I think we all agree to that. Federal Reserve's daily post gives a hint as to what we may expect for that new day. It's not so much the interest rates that are being paid but the liquidity that is being added to the market.
Another point. Just because short term interest rates are low doesn't mean that there is cheap, ready available capital to be had. Ask the utility companies about that. Corporate borrowings have gotten much more restrictive.
Federal Reserves, Thanks so much for your contributions about the Fed actions and keeping up with the current expirations.
Also, why am I up at 3 am posting. Seems that one of my dogs must of ate too much horse shit and needed to go out and relieve himself (some how. He just barked after his long walk about and wants back in - so it's back to bed for me.
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