As an Investor, What You Can Do About Rising Interest Rates
As my long-time readers are fully aware, one of the concerns I have brought up over this past year has been the reaction in the economy to what I believed would occur—higher interest rates.
As we are now seeing interest rates increase, the result of this action is beginning to seep through into the economy.
One of the pillars of economic growth at any level is consumer confidence. Consumer confidence drives our economy, especially since consumer spending accounts for approximately three-quarters of the total gross domestic product (GDP).
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