Wednesday, March 20, 2013

It's The Economy Stupid: Ultra-low Interest Rates

We have had ultra-low interest rates for 4 years.  Goldman Sachs predicts that we will have ultra-low interest rates for another 3 years, till 2016.  I hope they are wrong, but I sure wouldn’t bet against Goldman Sachs. People have turned large sums of money into small sums of money betting against Goldman.

 

7 years of ultra-low interest rates. 

 

We are Japan.

 

John Broussard

Assistant State Treasurer

Chief Investment Officer

State of Louisiana

Department of the Treasury

Ph:  225-342-0013

 

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