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— Gone are the days where you could earn a decent interest on traditional “safe haven” investments like CDs, money market and savings accounts. The European Central Bank does it. Japan does it. Switzerland, Denmark, and Sweden do it: charging bank customers negative rates for the “privilege” of storing and lending out their savings. And now the Federal Reserve seems to be gearing up for the grand experiment of negative interest rates in the US. What will you do if and when negative interest rates come to the United States? Watch the video to learn what Mauldin Economics’ top editors Jared Dillian and Tony Sagami recommend in such a scenario. |
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