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Correction Time: The Market Takes a Hit

By | 2018-02-28T16:48:54+00:00 February 28th, 2018|Categories: On Our Minds|Tags: , , , , , |

After reaching all-time highs on January 26, 2018, the Dow Jones Industrial Average and the S&P 500 went into a two-week slide that saw both stock indexes drop by more than 10%, a decline that is typically considered a market correction.1 Analysts have been saying for several years that the long, booming bull market was overvalued [...]

Negative Interest Rates – The Great Experiment

By | 2016-07-21T14:14:18+00:00 July 21st, 2016|Categories: On Our Minds, Uncategorized|Tags: , , , |

The Federal Reserve remains committed to raising the Federal Funds rate, a benchmark that can affect the interest rates charged on many types of consumer credit.  But abroad, a different experiment is underway.  As of late April 2016, six foreign central banks have adopted negative interest rates in an effort to stimulate their national economies.  On [...]