2024 - Second Quarter - The Risk of Lower Rates
We went from the most accommodative monetary environment in history in 2020, to the most restrictive monetary environment since the Great Depression a few years after. This has caused markets to roar ahead when central banks were accommodative, to a large sell-off when they became restrictive. As central banks have already started cutting rates or plan to later this year. It is important for investors to be positioned for the next leg in of our journey.
We went from the most accommodative monetary environment in history in 2020, to the most restrictive monetary environment since the Great Depression a few years after. This has caused markets to roar ahead when central banks were accommodative, to a large sell-off when they became restrictive. As central banks have already started cutting rates or plan to later this year. It is important for investors to be positioned for the next leg in of our journey.
Joshua Brown
June 29, 2024