FT quoted the head of an investment advisory firm as sayings many of his clients were still buying equities “because the alternatives are poor”. Government bonds, he said, provided “a lot of volatility for not much of a return”.
Mkts: A note of caution
In Airlines, Financial competency, Shipping on 22/07/2021 at 3:51 am
It is inching up this week.
Save the planet from warming? 1930s depression needed
In Environment, Financial competency, Financial planning on 21/07/2021 at 2:12 pmDon’t believe me? Juz look at this chart?
Well as this investor is 66 and has no children or grandchildren, he’d rather the world heats up after his death.
Btw, if you got grandchildren, read the link below:
What would different levels of global warming look like?
A rise of a few tenths of a degree will have big consequences for the planet
https://www.economist.com/the-economist-explains/2021/03/30/what-would-different-levels-of-global-warming-look-like
