RATES ARE GREAT (FINALLY!)
As the above chart indicates, interest rates have been historically low for much of the time since the Great Financial Crisis (GFC) in 2008. This unprecedented condition has been a penalty to savers and conservative investors who were not able to make decent returns from traditionally safe investments such as Certificates of Deposit (CDs) or government or investment grade bonds. Courtesy of the Federal Reserves belated fight against inflation, interest rates have risen abruptly over the last eight months and…