interest rates no longer on radar

The Fed’s decision last week to keep rates at 0% instead of starting the normalization process ( note: NOT tightening), was a bit of surprise to us as we thought they should have shown strength and demonstrated  confidence in US economy, especially given the declines in the stock market. They chose to once again kick the start of the normalization process down the road, making the fixed income sector once again an area of little interest (pun intended).Unknown-1

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