Yesterday it was confirmed that Banks had been given 6 months to prepare for NEGATIVE interest rates.
This further signals interest rates remaining at historic levels for some time – maybe 3-4 years to come!
Investors should prepare for this – as the drive will be to deploy capital into ‘capital markets’ – i.e. the Stock market – into asset backed securities.
Inflation is also on the tips of most economists’ tongues so be mindful of this position and consider your asset construction if overweight in ‘cash’.
If you require an update or professional review – simply get in touch.
Best Regards.
Best Price FS Team |