Yellen’s Great Interest Rates Game

by Chad Shoop
The Sovereign Investor

I am not quite the grandmaster at the classic board game chess, but I do enjoy playing and teaching the game to my kids.

One of the hardest concepts to grasp for a 7-year-old is the need to think several moves ahead.

If you’ve ever played, then you may know the idea is to position yourself in such a way that will force the opponent into moves you can anticipate, and make it all work to your advantage.

In a sense, investing is a lot like a game of chess — thinking ahead about where a future stock price will be based on certain circumstances.

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