In flipping through the channels I came across an interesting program on CSPAN-2 about the Securities & Exchange Commission Agenda.
The thing that caught my attention on this program was something the main speaker, Dan Gallagher of the SEC, said that to me seemed quite sensible, and illustrates one of the many side-effects of the Federal Reserve’s policy of keeping interests rates artificially low:
I think a focus on fixed income especially in a 0 percent interest rate environment. Right,