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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