Higher Rates 2ble positive for working class and retired

[Allan Balliett]

Here's a little out of the box thinking on the coming economy by James
Howard Kunstler, author of "The Long Emergency" as well as the "The World
Made by Hand" series

http://kunstler.com/forecast/forecast-2015/

Both thought AND fear provoking.

-Allan in WV where we buy our local meat from the guy who imports it from
Wisconsin

On Wed, Dec 16, 2015 at 8:34 AM, ish mailian <ishmailian at gmail.com> wrote:

> The Fed's policy has been so over analyzed that it's confusing even to the
> professionals. see, Tim Duy's Fed Watch here---->
>
> http://economistsview.typepad.com/timduy/
>
> Left leaning individuals, who too often make the error when labeling the
> Banks, "Banksters" and attributing recessions and even depressions to "Wall
> Street Greed" and "Goldman Sachs" of demonizing anything and anyone that
> touches money for a living, are, to my experience, while smart and
> educated, as financially illiterate as the average guy or gal, and, while I
> sympathize with their critiques, screeds, and outbursts even, too many fall
> into the pit of the self-righteous blind leading the ignorant and blind.
>
> In any even, back when Ralph Nader jumped into the fight and got his ass
> kicked by Chair Yellen, some here were quick to take the lady's corner, but
> I defended Ralph, though not because arguments were sound or logical or
> based on financial or economic knowledge, but because he was right.
>
> And he still is.
>
> Two more reasons why:
>
> 1. The SBA
> 2. Most fixed income investors and the portfolios of most working class
> and poor people are invested in bonds, hold the bonds to maturity. And,
> higher rates will improve total return as re-invest rates will be high, in
> nominal and especially, and critically in real terms.
>
>
>
> Forbes and Barron's and Pimco. Not exactly the sources most Left leaning
> people read, but here are two, simply stated reasons why the Fed's move to
> higher rates will do more for the workers and the retired.
>
>
> http://www.barrons.com/articles/why-rising-rates-are-good-for-bondholders-1445620822
>
>
> http://www.forbes.com/sites/rohitarora/2015/12/09/whats-ahead-in-small-business-lending-in-2016/
>
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