Against a backdrop of prolonged equity market volatility and declining bond yields, income investors have struggled for more than a decade.
Goldman Sachs Asset Management has predicted a continued rising trend for equities, despite another six months of coronavirus-induced pain for the US stock market at least, and recommends that “strategic discipline will be key to navigating episodic volatility”.
China recently issued its first-ever negative rate bond, and the Bank of England’s sceptre of negative interest rates has been raised for some time, with Trading Economics predicting a -0.10% base rate before the end of 2021.