Monday, March 8, 2021

Mount Deadcatbouncus

The following chart shows the national average of 5-year CD rates on amounts less than $100,000.


As seen in the chart, Mount Deadcatbouncus erupted in the spring of 2019, long before Covid-19 was even a thing.

Thanks to the "rising" interest rate environment we now find ourselves in, savers nationwide are pinning their hopes and dreams on a new and more prosperous Mount Fatchancus forming. May they find much better luck than their predecessors.

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