Will our economy continue to grow?

Will our economy continue to grow?

That’s the question that our colleagues from La Trobe Financial are trying to answer in this article here

 

Remember the days when a bank account paid 5% per year? Remember when 8% p.a. was a prudent, responsible target for a conservative investor? If so, you may be one of the many investors who find the current condition of the global economy to be profoundly disappointing.

 

A world that had grown accustomed to strong, dynamic growth, year after year, now appears to be at risk of perpetual stagnation. For over a decade, economic growth rates have been low, even negative in many developed nations. Wages growth has stalled, leaving living standards becalmed. Inflation – once the bete noir of economies across the world – now looks more like a comforting old friend, chipping away at indebtedness and pointing to healthy consumer demand. And interest rates! What has happened to them? Will they ever rise again?

In this edition of Investment Enews, we take a look at a world plagued by low-interest rates and searching for the next source of economic growth.

You can download or read their articles here.

Your friendly mortgage broker,

Terry