Tuesday, October 20, 2015

What's ahead for the economy?

A journalist asked Janet Yellen, Federal Reserve chairman, if  this time of no interest might go on forever.  Her reply was yes, it may.

Now among other skills I lack  -- I am no economist.  I remember when Japan fell to a zero interest rate economy.  I could not believe it could happen here but we all know it has.  You can read about and see promoted all types of products and schemes to protect against a collapse of the stock market. None of them give me confidence or calm my nerves.

The only thing I can do is be alert and pray.

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