Re: The FED my be reversing that 0.25% rise
If you raise/borrow money and assume that rates will stay this low forever then you need your head examined.
Except that "new normal" is trying to make cheap debt forever true. The long term problems of this are disastrous: pretty much all insurance-based products (pensions, health insurance) will no longer work. But, hey, who cares as long as we hit our targets for the quarter or year?
Biting the hand that feeds IT
