• Trillions At Risk: Short-Term Rates Hit Levels Not Seen Since 2008

    6 monthes ago - By ETF Daily News

    From Adem Tumerkan : Readers know that I haven't shied away from stressing over the Federal Reserve's tightening.
    As a firm believer in the Austrian Business Cycle Theory - first drafted by Ludwig Von Mises in early 1900's - I believe that artificially moving interest rates away from the markets natural rate is opening Pandora's box.
    Sure - lowering rates across the yield curve is good for stimulating the economy. And like John Maynard Keynes explained, it's a good tool for ‘papering over' a slowdown - a quick fix.
    But like Mises said - it's not the boom that matters. It's the bust that...
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