Goodbye low interest rates !
So as we all expected good ole Alan Greenspan with his 80 yr old buddies from the central bank decided to raise the interest rate by a quarter point while smoking a Cohiba Pyramid and feasting on Beluga Caviar and a 1787 bottle of Chateau d'Yquem. Kinda wish I had millions stashed away in my money market accounts like Grandpa Greenspan :).... but since I am like the majority of Americans I wont be looking forward to buying my next Audi TT Coupe or a new condo... nor will I will be looking forward to paying more on my CC bills.