A Buy-and-Hold Strategy for When Rates Really Rise
The ECB’s rate cut is a reminder that what goes down will eventually bounce back up. One option: a strategy unaffected by interest rates.
David Turner
June 6, 2014
Mario Draghi, president of the European Central Bank (ECB), speaks during a news conference where he unveiled historic measures to face down inflation, in Frankfurt, Germany, on Thursday, June 5, 2014. Draghi unveiled an unprecedented round of measures to help the ECB's record-low interest rates feed through to an economy threatened by deflation. Photographer: Martin Leissl/Bloomberg *** Local Caption *** Mario Draghi
Martin Leissl/Bloomberg
