Interest Rates are not High
Here we are looking at Independence Day 2019, and yet..
The real July 4th event is Trump policies taking down the economy and threatening the Federal Reserve if they don’t bail him out. This is what losing your independence is like for the American people. Of course the markets don’t care, they believe the FED will cave.
Just for viewing as we all know what this chart looks like, 2.5 % FED funds, hand drawn red line. are not high historically.