Interest Rates Turned Negative, Could Stay Like This For A While

November 21, 2009 by Thomas Mullooly

Interest rates — short term interest rates turned negative on Thursday November 19th. Rates have been low and look like they could stay there awhile…but who knows? In this video, we discuss the purpose of a bank, and one possible reason rates may be so low.

About Thomas Mullooly

Thomas Mullooly is owner and founder of Mullooly Asset Management, Inc. In 2002 Tom opened Mullooly Asset Management, a fee-only investment advisory firm. As an investment advisor, and not a broker, Tom works strictly for his clients. With the help of point and figure charting, Tom builds a realistic game plan for clients.

Interest Rates Turned Negative, Could Stay Like This For A While

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