What changed
IF RATES GO TO 6% BECAUSE OF A STRONG ECONOMY, AND SEE EARNINGS AND THE LOW UNEMPLOYMENT RATE, THIS WILL BE A GOOD THING. IF RATES GO TO 6% DRIVEN BY ACCELERATED INFLATION, THIS WILL BE A BAD THING.
THE WHY MATTERS MORE THAN THE LEVEL WHEN IT COMES TO INTEREST RATE RATES.
BUT THE WORST THING IS TO USE GOVERNMENT AND MO