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John Waggoner: How To Invest Like It's 1979: Rising Rates And Big Hair

TedTed
in The Bullpen
FYI: If you lived through the 1970s, one of your greatest sources of astonishment is probably that interest rates aren't soaring. In that carbuncle of a decade, you counted yourself fortunate if you got a mortgage at 12%, and cursed your money fund if it paid less than 10%..
Regards,
Ted
http://www.usatoday.com/story/money/columnist/waggoner/2014/08/28/investing-for-rising-interest-rates/14746899/
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