Vitaliy KatsenelsonWho ever said, “vino veritas” (in wine, there is truth), hasn’t written enough. I say, “in writing veritas.” MarketWatch asked me to write an article about one’s investment strategy in the interest rate environment on the horizon. When I first sat down to write, I thought that I was a bit neutral on the direction of interest rates. However, by the time I finished (as you’ll see), it was painfully obvious that interest rates are more likely to go down than up. It’s a story of global prosperity that has been in part prepped up by finite sources (mostly debt).
I would not bet my career or even a bottle of fine beer (Fat Tire – those in Colorado will know), but there are too many “uncertainties” on the horizon for higher interest rates. In the article, I offered two stocks, Glaxosmithkline (GSK) and Johnson & Johnson (JNJ) that should do well in any interest rate environment.
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