Alastair Borthwick Has Seen Many A Thing
Alastair Borthwick has seen many different situations over the course of his life. He has mulled over the different situations that have gone on economically, domestically, and politically. He may be somewhat interested in how economics and war and other situations tie in together. For instance, one can realize the recent financial crisis which took place in 2008, it was a scary time for all. While there may have been a sign of a significant comeback within the financial markets through stock buybacks, tax help for corporations and wealthy individuals, and other policy and other ways to boost growth. The fact of the matter is that interest rates were down from post-2008 to 2017. The rates were only raised gradually from 2017 to 2018 where it was then reduced slightly with more chances of it being reduced in the near future.
Most do not expect interest rates to rise so as long as people are worried about corporate earnings declines, stores shutting down, jobs declining, etc. Some people may believe that economic performance on aggregate has been downright awful. Economic growth in the developed world may be in the overall doldrums and these doldrums may stick with us for quite some time.
People like Alastair Borthwick realize that many things in life are interlinked and that many people may be surprised by what does have a cause on different situations and what doesn’t.
For instance, Alastair Borthwick would probably realize that productivity growth seems to somewhat stagnant as well. It seems that it is in one of the saddest states. Furthermore, corporate investment does not seem to be as strong as it was in the past either.
Incomes may not have appreciated as much expected either, some may even think that incomes have fallen slightly prior to 2008 levels. Growth is only seen when external economic stimulus is present, and if this is the case, it may be even more telling.
People like Alastair Borthwick may look into safe havens for their investments as they have seen how wars come to be and what causes them. But while of these situations are present, those who were investors in stocks would see a significant rally. Financial assets seem to be in a bit of a bull state and don’t seem to be in any sort of pullback either. Investors can see that real estate, stocks, infrastructure, debt, treasuries, and other aspects are going strong.
Everything seems to go well overall in the current economy and that may worry people who have seen a variety of things within their life like Alastair Borthwick.