The Phaserl


How the Fed Has the Economy Hooked on Its “Monetary Cocaine”

by George Leong, Investment Contrarians:

The debates continue on whether the Federal Reserve should or should not begin to take its foot off the money-printing pedal. We will likely find out on June 14, which is when the Fed meets.

I know those seeking income from bonds want higher yields because it’s hard to survive when you are making only about one percent from a five-year U.S. government bond.

For those who have amassed a significant amount of debt during this money-printing spree, including the U.S. government, they probably don’t want to see interest rates rise just yet.

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