Headlines — and even a few world leaders — might suggest that lowering short-term interest rates from current levels — now — would be a sweeping solution or fix for markets and the world economy. Current reality seems to differ. Low interest rates often do make it easier for individuals and businesses to borrow money, buy homes, launch small businesses and make various investments. For the moment though, interest rates seem to be delivering balance in the US economy. Economic and market conditions are relatively healthy. And there’s always a “but”. Continue reading “Why Low Rates Aren’t the Complete Answer”