With London Business School experts saying don’t expect returns of more than 3 or 4 per cent a year from equities over the next decade, and negative returns from bonds, savers should keep about half their capital in cash or near-cash securities, says Money Management adviser Russell Taylor. [Read more…]
Britain Opts for a Bubble Play
October 19, 2013 By 1 Comment
The UK government has “lost patience” with austerity, and with a general election two years away, has abandoned it in favour of a new bout of debt creation, “tempting consumers to leverage their balance sheets into a new housing bubble,” suggests Trevor Greetham of Fidelity Worldwide Investment. [Read more…]
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