Macro Overview - December 2019
17 Jan 2020
Interest rates – a tailwind or headwind for equities in 2020?
In our September quarterly update we discussed the strong consensus that had developed among investors and commentators that interest rates would remain at low levels for some time to come, or as it has become known as, the “lower for longer” view. Whenever such strong agreement is present amongst investors it is important to consider the alternative view.