History shows commodities tend to beat bonds in rising-rate times
Robert R. Johnson
Investors need to buckle up for a bit of a ride now that interest rates are rising for the first time in nearly a decade.
Stock market performance has historically been dramatically better in expansive monetary policy environments — when interest rates are falling and money is cheap to borrow — vs. restrictive ones, according to Robert Johnson, president and CEO of The American College of Financial Services and co-author ofInvest with the Fed: Maximizing Portfolio Performance by Following Federal ReservePolicy.
Powell, Robert, "History shows commodities tend to beat bonds in rising-rate times" (2015). In the News. 800.