A lot of truth in this article.
To be clear – there’s now an entire generation of investment professionals around the world who’s entire career (both professional and academic) has occurred during a period dominated by:
- 0% interest rates
- Negative% interest rates
- QE and money printing
- Bank bailouts
- Sovereign debt bailouts
Why is this important?
This is important because the industry as a group creates, forms and distributes risk-return expectations for every dollar in the investment universe.
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