Below is a synopsis of this investment report:
- Financial news networks are addicted to the rising interest rate story, but the timing of the first interest rate hike since 2006 is meaningless to a long-term investor.
- The real concern is the velocity of subsequent rate hikes, but the Fed will most likely go very slow over the coming years.
- The reality of the current rate environment is that we will be dealing with lower rates for longer, and a single rate hike is not enough to get us back to the days of easy income.
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