I was recently at a celebration for a colleague who retired after being a financial advisor for over 30 years. We were surrounded by a room full of her peers and they were reminiscing about the many years they had all worked together, of times when interest rates hovered in or close to double digits. For years now many have felt the effect of near non-existing interest rates on CD’s and Money Market funds. Here we are in an election year, with many casual conversations about the economy often including a mention of the Fed and interest rates. Just in case you find yourself in one of these conversations, I wanted to share this link to Angeles Investment Advisors blog, a post written by Michael Rosen which discusses just that topic.
