Cody Willard, Jeremy Siegel, Professor, Wharton School, University of Pennsylvania, William H. Eigen, Chief Investment Officer, J.P. Morgan Asset Management, and Michelle Seitz, Head of Investment Management, William Blair join Cody Willard from Fox and http://TradingWithCody.com on a panel discussion from the 2016 CFA Dallas Fort Worth dinner event. From Cody Willard's "Everything You Need to Know About Negative Interest Rates" (get a free copy of Cody's report by emailing support@tradingwithcody.com): I recently had the honor of moderating a panel discussion with some of the leading minds in the industry. Jeremy Siegel noted that he's been doing this for over forty years and that, up until a few years ago, he and his colleagues had basically assumed that negative interest rates would never exist in real life. He said that in passing, when he noted that recently some major central banks have begun to institute negative interest rate policies, and he also said that he's still quite certain that there's a small limit to how negative interest rates can go, probably somewhere less than 1%. I always like to think about the other side of any analysis, a concept I call “Flip It” and you’ll notice that phrase a few times throughout this report. So after Jeremy noted that he was quite sure that there was a small limit to how low negative interest rates could go, despite the fact that negative rates didn’t weren’t supposed to be possible. I thought to myself "Flip It" and countered that I'd almost want to bet that there's no limit to how negative interest rates can go in a race to devalue currencies around the world.
Visibility: 725
Duration: 0m 0s
Rating: 3