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Rate accompli: Are rising interest rates bad for all assets?

Many Happy Returns

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How to Price Assets in a High Interest Rate Environment

The value of money in the future is less. If we move two years into the future then if the rates 2% you know it'll be roughly 96 pence that's how much it's worth today. Growth where you get sort of delayed gratification is just not popular in a high rate environment. Anything with front load stuff like value would be more favorable in this new environment.

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