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In Search of Safe Havens: The Trust Deficit and Risk-free Investments!

Musings on Markets

After the rating downgrade, my mailbox was inundated with questions of what this action meant for investing, in general, and for corporate finance and valuation practice, in particular, and this post is my attempt to answer them all with one post. and the reverse will occur, when risk-free rates drop.

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Transcript: Julian Salisbury, GS

Barry Ritholtz

One, when people have asked me to compare and contrast today versus 2007, 2008, what you hear from a lot of people is, yes, there’s some fairly heady valuations. But I don’t think this is a wholesale shift, we’re in a higher rate environment, obviously, for now. We’ve seen a couple of these events now.