Fed – smilingdad

Sofi raises savings to 4.2%

SoFi raises its savings rate to 4.2% and reports fantastic results. The stock promptly tanked.

Fed doesn’t raise rates, world lets loose a sign of relief

Yesterday’s big story was the Federal Reserve didn’t raise interest rates. This keeps interest rates unraised since 2006. Everyone that has borrowed in US Dollars breathes a sigh of relief. I believe they should have raised. Retirees, insurance companies, pension funds, banks, and savers in the US would have appreciated the move. The stock marketsContinue reading “Fed doesn’t raise rates, world lets loose a sign of relief”