“But being a long term investor doesn’t make any difference to us.”
Oh but it’s does effect everyone.
The global economy is already weak, especially the US, and interest rates rising puts pressure on businesses, households and governments repaying their loans as the interest amount increases.
Add inflation and it’s a particularly nasty mix for households.
The forecast for EV sales will take a hammering.
FA & General Banter, page-15369
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