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Jul 12, 2019

For over five years, European nations have been trying to jump-start their ailing economies with what was supposed to be a radical, SHORT TERM remedy—negative interest rates! Instead, central banks can't seem to wean their economies off of them. Increasingly, says the Wall Street Journal, negative rates on bank accounts and even treasury bonds appear to be a permanent feature of the global landscape. Could it happen in the U.S.? Experts say YES. But do you know how low bond rates can lead to recession and DEE-inflation, not IN-flation? We'll review the full Journal report, and then Steve reviews key planning tips for building retirement wealth the SMART way! MASTERING MONEY is on the air!!