The NCAA basketball championship game between UCONN and Butler renewed my confidence in the old adage that someone “puts their pants on one leg at a time.” As is often the case the circumstances were special not the people involved (See Hollywood and the media most of the time).
I heard Jeff Kessler speak to the Democratic faithful on Saturday. He made a very good speech delivered with conviction and a touch of humor. I was impressed.
How much longer can interest rates remain so low as to be almost non-existent in terms of return to investors? Not long. Rather than allow a panic to ensue when European governments and to a lesser extent the U.S. approach a refusal to refinance scenario, the market will hope to avoid this disaster by ratcheting up interest rates.