Stock Market Awash with Respectable Shares Is Chock Full of Bargains

Summary


In a common-sense world there is a mathematical link between interest rates and inflation.

When inflation goes up so do the yields on gilts - Government bonds - and other fixed-interest investments.

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Extract


Stock Market Awash with Respectable Shares Is Chock Full of Bargains

People expect to get at least some small return on their money.

So when the interest is fixed the price goes down to give investors a bit ex...

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