Warren Buffett believes raising interest rates in today’s environment would be a really bad idea. So do I.
If Europe’s got them at zero, and you get higher rates in the United States, that would exacerbate a problem with the stronger dollar and funds flow.
With that in mind, the FED might have to do it anyway. They have to re-load their toolkit, whatever the cost. We have discussed this complex backdrop and why the FED finds itself between a rock and a hard place in our weekly podcast….click here to listen
Finally, a fascinating look at how Mr. Buffett got started and how he grew a $10,000 investment into $170+ Million. It appears all you need is patience and time. Well, that and a brain. Click Here To Watch.
