Quote:
Originally Posted by GGG
I think the idea of saving because of high interest rates isn’t a thing anymore. No one should have significant amounts of savings in cash anymore. Essentially just money to be used in the next 5 years. The bulk of savings is in the market which lower rates tend to bolster
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Forward expected returns in the market will generally be higher in high interest rate environments, because starting valuations will be lower and dividend/earning yields higher.