After 5+ years, near-zero interest rates feel normal - and beneficial. However, they are abnormal, having overridden the capital market's critical resource allocation process. Adopting that point of view can be rewarding as rates return to normal.
John S. Tobey, Contributor, Forbes
Mon, 09/22/2014 - 5:41pm
After 5+ years, near-zero interest rates feel normal - and beneficial. However, they are abnormal, having overridden the capital market's critical resource allocation process. Adopting that point of view can be rewarding as rates return to normal.