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I like Peter Zeihan's analysis...
Posted on: June 17, 2024 at 10:57:43 CT
Gyro STL
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https://www.youtube.com/watch?v=V_AkQLfzhkk
In a nutshell, low interest rates was a temporary oasis due to the Baby Boomers. As they retire, they'll take their capital with them and put it in fixed income investments.
This level rates or higher will be the new normal for a while. He sees at least a decade of higher rates.
Edited by Gyro at 10:58:09 on 06/17/24
In a nutshell, low interest rates was a temporary oasis due to the Baby Boomers. As they retire, they'll take their capital with them and put it in fixed income investments.
This level rates or higher will be the new normal for a while. He sees at least a decade of higher rates.
Edited by Gyro at 10:58:09 on 06/17/24
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I like Peter Zeihan's analysis... - Gyro STL - 6/17 10:57:43