15+ Years of

Rising Interest Rates?

DYI:  As chief cook and bottle washer of this blog I’ve been investing for 50 years – I’m 70 years old and how in the hell did THAT happen – IMO the secular decline for interest rates that began 9-30-1981 with 10 year T-bonds at 15.84% ended 8-4-2020 with 10 year T-bonds at %0.52!

From now on as we move through the business cycles during growth periods will experience higher highs and during recessions with HIGHER LOWS.

If history is any sort of guide we can expect rising rates in a saw tooth manner over the next 15+ years!  The Boomer’s created a worldwide savings glut that drove rates down (along with Fed interventions) to sub atomic low levels and maintained that for over two decades. 

That was then, this is now, until the Boomer generation has passed on (hey that’s me your talking about!) PLUS the Millennial generation move into their prime savings thus over whelming the small population of Generational X savings I wouldn’t expect any possible lessening of rates until 2040!

Please remember this will occur through the business cycles of higher highs then declines to higher lows.

Till Next Time