Doug Goldstein, CFP®, director of Profile Investment Services Ltd., and Will Denyer, economist from Gavekal, discuss the trend of a global savings glut.
A global savings glut occurs when investors drive down interest rates. Is this trend coming to an end, meaning interest rates will climb? Do higher interest rates bring inflation?
A generation of Asia’s population has been investing in the market, but soon will be taking that money out for retirement. What does that mean for the market, the possibilities of higher interest rates, and inflation?
What should you do with your 401k?
Doug answers a listener’s letter regarding how to manage their 401k. He also offers some advice about asset allocation. To read Doug’s free resource called Tricks to Making and Maintaining a Smart Asset Allocation download the PDF file in today’s show notes on the Goldstein on Gelt site.