Low rates for … shorter?

Christopher Joye – the best journalist at the Australian Financial Review, in my opinion – penned another gem in last weekend’s issue. For those who don’t have an AFR subscription, Joye’s column questioned the current consensus that interest rates will remain low for longer. The money quote:‘Pretty much every sophisticated investor I’ve spoken to over the past 12 months has embraced the ‘low rates for long’ paradigm. It makes for a conveniently benign world view….[y]et it is as intellectually lazy as the fallacious 1990s and 2000s fads that sparked the tech boom and leveraged finance bubbles’. The ‘low rates for...

Christopher Joye – the best journalist at the Australian Financial Review, in my opinion – penned another gem in last weekend’s issue. For those who don’t have an AFR subscription, Joye’s column questioned the current consensus that interest rates will remain low for longer. The money quote:

{{content.question}}

Mastercard

{{ twilioFailed ? 'SMS Code Failed to Send…' : 'An SMS verification code has been sent ...' }}

Hi {{ user.FirstName }}

Looks like you have already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to complete your SMS verification

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device


Verify your mobile number to proceed…

Please check your mobile number below and press the Send Verification Code button. This will be used to complete your verification in the next step.

Please sign up for full access

Mastercard

Updating information

Please wait ...

Trial

Mastercard
{{ productPrice }} / day
( GST included )
Price $0
GST $0
Discount -{{productDiscount}}
TOTAL {{productPrice}}
  • Mastercard
  • Visa

Please click on the ACTIVATE button to finalise your membership

Mastercard

The email address you entered is registered with InvestSMART.

Please login or select "Don't know password"

Please untick this box when using a public or shared device


Register as a new member

(using a different email)

Related Articles