Another problem, as this strange type of QE disappears, is that the interest rates that the US government needs to pay in order to issue new debt start rising. These higher rates tend to affect other rates as well, such as mortgage rates. These higher interest rates act as a drag on th...
BT– British Telecom – We’re only up about 5.3% on the stock, but we made a killing on the 8%+ dividends over the last few years. We’d buy it again, but the credit downgrade of the British is going to push it down, and we’d rather re-buy it at a discount to fair market...