- According to the FED Vice Chairman, economic prospects are dim.
- As the S&P 500 is at all-time highs, you’re probably overweight in an aging, slow growing, low investment economy.
- Use the amazing returns of the past 7 years to diversify as the FED will not be able to save the economy from a bad recession like it has in the last 50 years.
In a speech at the Economic Club of New York, FED Vice Chairman Stanley Fischer discussed the causes and implications of sustained low interest rates. In today’s article, we’ll analyze his perspective and extrapolate on the implications of such an economic environment on long term investment returns. More →