John O’Donnell’s Chart of The Week
Written by John O’Donnell, Online Trading Academy
With a review of the history of major financial panics (U.S. 1873 and 1929, as well as Japan 1989) the current concern about rapidly rising interest rates seems to be misplaced. If past patterns are to be repeated the period of declining interest rates following the financial panic of 2008 has just begun.
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