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Preparing for Fixed Income Buying Opportunity

Interest rates are going up.   And going up big, it appears.  I'm using the 1980s 10 year treasury interest rates of 15.84%  as referenc...

Saturday, December 22, 2012

Just as I Predicted

In the November 19, 2012 post Waiting for the Fiscal Cliff and Sequestration to Happen, I wrote, "It's inevitable that the Fiscal Cliff and Sequestration will happen.  This will allow both the Republicans and Democrats can claim success when negotiating a solution."   With only 3-4 more working days in 2012, it doesn't look like Congress will be able to pass a solution that President Obama will sign.

So it's over the fiscal cliff we go.   Just as I predicted...

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This is not financial, tax or policy advice. Please consult a professional advisor.

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