CD rates are high, but they may drop soon. Find out if you should you lock in a guaranteed rate for five years, or take advantage of 6-month rates while they last.
In late July 1933, President Roosevelt enacted one of the most destructive economic policies in all of American history. The President’s Re-employment Agreement mandated an immediate 20% rise in hourly nominal wages. The stock market crashed.
Friday’s close near 60.085 is nearly one USD lower, but the high for the commodity did touch the 62.800 vicinity on early Thursday. The price range of WTI Crude Oil was not violent, and it did trade within known realms.
