5 Steps to Get Positioned for an Interest Rate Turnaround
For the last 30 years interest rates have been going in just one direction as the graph below illustrates.    For its part the Fed  has at least put a time frame on its quantitative easing program which strives to -- and so far has -- kept rates low.  Specifically the Fed will continue to exert downward pressure on interest rates until 2015 at which time it believes that the unemployment rate will be 6.5%. Others feel rates may rise sooner with estimates ranging from latter 2013 to 2014.    Rates have been going down for so long that ...
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