Friday, August 15, 2008

Down

Mish reckons there will be - is - a global slowdown and credit contraction, savings will increase, and bond yields and interest rates will reduce.

4 comments:

dearieme said...

Should I sell my Premium Bonds and buy Index-Linked Savings Certificates? (That's not a request for advice: it's thinking out loud. Index-Linked because punting in fixed interest can be ruinous if you've guessed wrong.)

SACKERSON said...

If I had much to invest at this stage I'd scatter my favours among ALL the things that seem a reasonably safe bet. Doesn't ERNIE create a millionaire a month?

dearieme said...

He sent me £150 this month, so its just £999,850 to go.

dearieme said...

Oops: "it's".