Trump wants even lower interest rates: What that would mean for your retirement savings
Mike Alves was quoted in this article, published in Market Watch.
Right now, the financial industry is experiencing an “inverted yield curve,” where shorter-term bonds have higher yields than their long-term counterparts. The reason: people are worrying about an impending recession, and they want to lock up their money in a safer investment, said Mike Alves, CFP®, CLU®, CRPC®. Managing Director, Founder at Vida Private Wealth in Pasadena, Calif.