- The age of ever lower interest rates is more than likely over.
- Hat tip to the author (website on chart).
- Sooo...the retiree's were screwed with ultra low interest rates for the past few years. Many may have stretched their time frame out on the yield curve for the higher rates.
- Unfortunately they'll now learn the hard way, about the inverse relationship between bond funds and interest rates.
- As interest rates go up, the value of bond funds go down. OUCH!
The Conversation: “renewable energy still cannot compete with oil and gas”
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Even in green energy subsidised Britain, developing renewables does not
make economic sense.
2 hours ago