I recently completed two finance courses here at business school: Applied Fixed Income and Speculative Investments, and Global Asset Allocation and Advanced Investments. Both of these courses were very well taught (and very challenging if I'm honest), but I'm glad I took them because I learned a lot and because a good amount of the course material was about interest rates and hedging interest rate moves, etc. which seems pretty applicable in today's investing environment. So as a result I thought I would briefly comment on interest rates, since the Federal Reserve finally completed another (albeit small) interest rate increase.
To start, I read this from Vanguard's website yesterday (copied directly):
