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To: RayChuang88

I hope it’s only 15%, but the market has grown so slowly, and increased interest costs won’t encourage expansion. I see a steady decline rather than a sell-off as people shift their money into interest bearing accounts. So, your 10 or 15% makes sense as the sell-off, but the gradual descent will be steeper.


11 posted on 05/06/2015 11:10:05 AM PDT by xzins (Donate to the Freep-a-Thon or lose your ONLY voice. https://secure.freerepublic.com/donate/)
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To: xzins

“people shift their money into interest bearing accounts.”

****

The new global trend is negative interest rate policy (NIRP), i.e. being charged by banks for the privilege of letting them loan your fiat money to others and taking being treated like a drug dealer if you want to take out more than $1,000 in cash at a time.


42 posted on 05/06/2015 4:54:43 PM PDT by peyton randolph (Good intentions do not excuse poor results.)
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