China's weakening economy is being felt around the world, on Thursday the US Federal Reserve decided to keep interest rates unchanged in the US. The decision sent US and European markets tumbling, the CAC slipped by 2.56% and the DAX fell by 3.06%, some economists still believe the Fed will raise rates sometime this year.
The chief economist of the Bank of England Andy Haldane stated in a recent speech that if inflation in the UK doesn't pick up soon and if some emerging markets experiences a blow to their economies, then the Bank of England may have to cut their interest rates.
As commodity prices continue to fall, stocks and indices prices falter, where is the smart money investing their money? It seems the answer is Bonds, Treasuries, Fixed Income investments.
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Labels: BoE, Bonds, China, gold, Inflation, interest rates, Investing, Smart Money, Treasuries
