One ominous sign that another recession is looming

Yes — cash is back.

Once again people who don’t want to take on the risks of the stock market or the bond market or the gold market or any other market — and just want a reasonable rate of return on their savings without having to worry — are starting to feel some love.

Interest rates on two-year certificates of deposit or CDs — not quite “cash,” but pretty close — have just cracked 3% for the first time since living memory…

https://www.msn.com/en-us/money/markets/one-ominous-sign-that-another-recession-is-looming/ar-BBP3sGl?ocid=NL_ENUS_A1_20181104_8_2

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Burt Lewis

I have been online since 1986 and owner of EastonMass.com since 1996. I'm all about sharing and learning. Thank you for using EastonMass.com

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