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I find it interesting that Vanguard is more bearish on US/EU economies than the rest of the street but are actually a bit more bullish when it comes to China. M
by csomar 3y ago
I find it interesting that Vanguard is more bearish on US/EU economies than the rest of the street but are actually a bit more bullish when it comes to China. Maybe something to do with the Chinese having a lower interest rate?
That being said, the interest rate will depend on the state of the wars going on right now. The conflicts could pressure the prices of energy up which will lead to higher inflation and as a result keep interest rates high. The current situation is more of a geopolitical task than an economical one.