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In reply to the discussion: Dow drops 831 points! [View all]

mopinko

(73,445 posts)
13. the president doesnt set interest rates. fed raised over his objections.
Wed Oct 10, 2018, 04:06 PM
Oct 2018

it was time to raise them. investors have been dying for some decent interest rates. the main reason for the mortgage bubble was that bonds were at next to zip for so long, so they seemed like the next safest thing.

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