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HelicopterOff Topics News & Politics › Interest rates up
12-17-2015 06:57 PM  22 months agoPost 1
shawmcky

rrElite Veteran

Isle of Wight,United Kingdom

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Good for savers

Team- unbiased opinion.K.I.S.S principle upheld here

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12-17-2015 07:23 PM  22 months agoPost 2
spaceman spiff

rrKey Veteran

Tucson

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1/4 percent!!! Woooot! We are cookin with gas now baby!

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12-17-2015 07:46 PM  22 months agoPost 3
Aaron29

rrProfessor

USA

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Just setting the house of cards up for another fall.

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12-17-2015 09:20 PM  22 months agoPost 4
shawmcky

rrElite Veteran

Isle of Wight,United Kingdom

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Not so good for the borrower!

Team- unbiased opinion.K.I.S.S principle upheld here

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12-17-2015 09:39 PM  22 months agoPost 5
spaceman spiff

rrKey Veteran

Tucson

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I think i heard on Cramer's show a few moths ago that corporate loan rates have been high recently (9%?) even though the banks were getting the money for free.... Apoligize if that is not correct. I am.pretty sure the Fed Reserve and the banks dont actually work together for our benefit.

The fed waives its mighty hand but the banks still apply as much screwage up the arse as they can get away with.

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12-17-2015 10:56 PM  22 months agoPost 6
Dblex

rrVeteran

Texas

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Not so good for pensions associated with the bond market. That cost me 30K

Highly Medicated for your protection......

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12-18-2015 12:57 AM  22 months agoPost 7
RM3

rrElite Veteran

Killeen, Texas - USA

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This benefits only the Fed... the rest of us get screwed as usual...

0.0025 is a big deal among the mega rich private banks. the rest of us get the shaft...

showing a preference will only get you into trouble, 90% of everything is crap...

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12-18-2015 06:41 AM  22 months agoPost 8
shawmcky

rrElite Veteran

Isle of Wight,United Kingdom

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When so many are struggling with debt I cannot see the logic behind this at all,home buyers will feel the impact as this will be just the start.

Team- unbiased opinion.K.I.S.S principle upheld here

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12-19-2015 04:24 PM  22 months agoPost 9
sjgusmc21

rrApprentice

San Antonio, Texas

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I can't believe they raised it. Oh, I forgot...according to our illustrious leader, everything is candy canes and unicorns under a jello rainbow. How stupid of me to forget.....

Turds....

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12-19-2015 05:04 PM  22 months agoPost 10
Aaron29

rrProfessor

USA

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Yeah they raised it and stock market has shat. It's hovering just above 17K now.

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12-19-2015 05:37 PM  22 months agoPost 11
spaceman spiff

rrKey Veteran

Tucson

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http://www.wsj.com/articles/junk-bo...mise-1449857705

This is from fridays Wall Street Journal.

From the looks of it the next couple or several weeks may be a bit rough. A good time to buy? Sometimes good money can be made out of bad news.

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12-19-2015 05:39 PM  22 months agoPost 12
Aaron29

rrProfessor

USA

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I'm DCA long term mutual so honey badger don't give a.

That said, if I were more aggressive, I might play those odds.

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12-19-2015 08:55 PM  22 months agoPost 13
es1co2bar3

rrKey Veteran

winnetka california

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It's a fioking trap all along when the FED drop that bomb it was
To get all them creditee screaming to their creditors
Well the loan bucket is full now so feel bad for the guy
Who didn't get a fix rate on his loan when the rate was down.

I was waiting on some honey but there aren't no Queen bee,

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12-20-2015 08:31 AM  22 months agoPost 14
shawmcky

rrElite Veteran

Isle of Wight,United Kingdom

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A 1/4 point at base is much different percentage by the time the average Joe gets hit.They are talking about the same here soon,apart from the usual crowd,the pockets of the man in the street are fragile,some have never seen higher rates and the impact on mortgages and other borrowings.This could be a killer for those already squeezed.Great if one has loads of cash,but the majority keeps the global commerce wheel spinning,not the few.

Team- unbiased opinion.K.I.S.S principle upheld here

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