|
Trump can take credit for that but he has nothing to do with it really -- there is more capital in the USA available that there are good investments, ideas or start up ventures. It has been that way for a few years.
I got more and more banks 'begging (soliciting)' to lend me money in the past 6 months. Why -- on short term the banks are anticipating a rise in the interest rates -- that's why.
You are (may?) going to see a prime rate of 8% -- 10% soon (2018 after the general elections).
|