BOSTON ( TheStreet) -- The older I get, the more I relate to the saying, "The more things change, the more they stay the same." Just a few years ago, for example, the news dominating the headlines was Elliot Spitzer's political scandal. Fast forward and the only thing that seems to have changed is the name of the politician in the hot seat, from Spitzer to Schwarzenegger to Edwards to U.S. Rep. Anthony Weiner.On the economic front, we've also gone through our share of headline-making stories since 2008, but one story that hasn't changed is the historically low-interest-rate environment. While another political scandal may not be worthy of further commentary, the recent news that the Fed could initiate another round of interest rates cuts merits some attention.
|Federal Reserve Chairman Ben Bernanke says interest rates may remain near zero. There are ways to take advantage of these interest doldrums.|