Click to enlarge.
32% annual growth can't last forever. Right?
As a side note, February of 2011 holds a special place in my heart.
February 2, 2011
More Dangerous Advice from Jeremy Siegel
"All this means that Tips investors should beware. Although Tips may compensate holders for future inflation, the interest rate that they offer is far too low to offset the risk of rising rates."
It's been 2 1/2 years since Jeremy Siegel warned us.
Click to enlarge.
Behold the rising interest rate environment!
See Also:
The Road Not Taken
Source Data:
St. Louis Fed: Housing Starts
St. Louis Fed: Federal Funds Rate
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