Real estate, stock markets, and mutual funds have seen massive increases in the last three decades. Why?
Since interest rates last peaked in 1980, central banks have been lowering interest rates to grow the economy and increase wealth.
Over 200 years of interest rate data tell us that interest rates move in 60-year cycles. On average, 30 years up and 30 years down. These historic low-interest rates are coming to an end.
News flash. We are overdue to enter the next 30-year interest rate upcycle.