NICK WAKEFIELD, ORCHARD WEALTH MANAGEMENT

Most would consider the major event of 2008 to be the financial crisis or the huge increase in the price of oil. The two events happening coincidentally make it so important. For the last 10 years, equities and bond yields have had a tight relationship. Low bond yields would entice investment which would push equities higher until such time as the interest burden is deemed too great. Equities would retreat and bond yields would fall in harmony. The disinflationary period which propagated this co

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