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How investors can profit from a world economy still addicted to cheap money

Howard Gold
How investors can profit from a world economy still addicted to cheap money

What’s an investor to do when 10 years into an economic recovery, global economies and markets still need low rates and government “stimulus”? This week, the International Monetary Fund lowered its forecast for global GDP growth for the third time in six months. The pattern is clear: As soon as governments or central banks turn off the monetary spigot or try to return to “normal” policies, markets and economies falter.