How Economic Trends and Diversification Affected Life Insurance Investments

Interest rates in the United States have tended to move in cycles There have been three major movements involved in these cycles:a downward trend from 1870 to the turn of the century,an upward movement from about 1900 to 1924,and another down swing which continued into the 1940s The rate of interest earned by the Metropolitan passed through the same three periods of rise and fall...