Interest rates follow very long-term cycles.

This chart highlights a 35-year (1946-1981) US bond market,

and our most recent-35 year (1981-2016) bond market

MarketWatch 8 December 2016





Kommentarer

Populära inlägg i den här bloggen

Niall Ferguson: The AI Boom Is a House of Cards, Tyler Cowen: Not so fast

Cognitive blind spots

Martin Wolf; The next crash - Why this time might not be different