The reason is that credit problems increase the willingness of investors to hold «safe havens» such as Treasury securities and currency, so at
least over the intermediate term, the demand for government liabilities is likely to absorb the supply and hold inflation at bay.
Moderate bullishness should be the posture of most investors because absent famine, plague, war on your home soil, and aggressive socialism, markets tend to
appreciate over the intermediate term.
That said, if you can live with fluctuations in the
NAV over the intermediate term, it would be better to use a short - to - intermediate - term bond fund, and thus avoid the wrapper and high asset manager fees.
In addition,
over the intermediate term, it should provide some modest stimulus to that economy.
Over the intermediate term, a wide gap in returns has developed, which reflects the U.S. economy's outperformance.
In addition,
over the intermediate term, it should provide some modest stimulus to that economy.
He figures that if he compounds net worth at an above average rate, he will beat the market returns of the S&P 500
over the intermediate term.