AEL.PR.A And Other 20%+ Yield To Call Preferred Stock Opportunities
American Equity Investment Life pany(AEL) Seeking Alpha·2024-01-09 06:50
designer491 Macro: In the 1970s Fed Chairman Arthur Burns, under pressure from President Nixon who was trying to get re-elected, cut interest rates. With the US off the gold standard, the result was a reignition of US Dollar inflation that plagued the rest of that decade. History may not repeat itself, but as Mark Twain said, "it often rhymes". In fact, so far it appears to be doing so. CPI history repeats (apolloacademy.com) The 2014 - 2024 inflation rate seems to be highly correlated with the 1966 - 1976 ...