2min chapter

Odd Lots cover image

What The Weak Recovery In Japan Can Teach Us About Re-Igniting The U.S. Economy

Odd Lots

CHAPTER

JP Morgan Self Directed Investing

The Fed should raise interest rates in order to push up long rates, steepen the yield curve and give banks a perspective that they can actually earn some money by lending. Germany is also likely to do better because America still has these 5,000 banks - many of which are small local community banks. The best way to help them is to end this ridiculous policy of zero interest rates or in Europe, negative interest rates.

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