| News and events in North Adams, Mass.
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Treasury bonds: Still safe for investorsSubmitted by Edward Jones,
12:24PM / Tuesday, January 23, 2024 | |
 You may have read reports about an impending "debt crisis" in the U.S. Should you be worried about investing in Treasury securities? Part of the concern over debt has been driven by the cost of government borrowing, which has risen because of higher interest rates. But it's worth noting that while interest expenses have risen to nearly 2 percent of gross domestic product (GDP), this measure had exceeded 3 percent in the early 1990s. So, while the upward trend of federal debt could prove problematic down the road, the claims of a current crisis may be overblown. And Treasury securities are still considered among the safest investments in the world, as they are secured by 0 Comments
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City Woman Wins Hometown Holidays Gift Basket |
Jonathan Secor had some help in pulling the winning ticket.
Congrats to Janet O'Neill of North Adams who won the big Hometown Holidays gift basket on Thursday. O'Neill won some $1,300 worth of gift certificates and merchandise.
The drawing could be entered by spending $50 downtown during the Thursday night Hometown Holiday events. Jonathan Secor of MCLA Gallery 51 said 62 people had entered the contest (including the editor of iBerkshires &mdash amazing how much cat toys cost nowadays).
Secor contacted O'Neill who was excited and surprised at winning. "No, I'm not kidding," Secor assured her
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