You would think with all of the turmoil interest rates would be going down.  At least that is what the mass media is telling my clients on the boob tube.

 

Well, they are wrong.  Rates have been eeking up these last few days.  Why, you ask?  Uncertainty! Nobody knows nor can they predict what is going to happen in the short or shorter term with rates, Wall Street or banks in general.  I feel that we might be reliving my Grandfather’s stories from The Great Depression. I have begun to hoard canned goods and toilet paper just in case there is a shortage.  I have recently started to rinse off and reuse my aluminum foil, in case they need it for defense. You laugh at me now, but I will be ready!

 

Will you?

 

– Dale Robyn Siegel