When you’re at your lowest point, the only way is up, unless we’re talking about the recent trend in interest rates. Like a downward spiral, interest rates haven’t exactly found a floor to land on just yet, but our guest Tim Farrelly has some bold predictions. Tim Farrelly is the Principal of Farrelly’s Investment Strategy and has appeared on our show many times. He shares his opinions on the continuing drop in interest rates and when he thinks they’ll go back up. He explains that despite low rates, cash may be a better options the other option than bonds. Tim also briefly discusses the recent happenings in the commercial and construction industries.
Don’t miss this week’s segment of Reuben’s Rant on interest rates, why their decline isn't benefiting the economy, and what's really happening.
“Your day-to-day spending is very much dictated by how much is going to serve as your loan.” - Tim Farrelly
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