Over the Christmas and New Year break, we’re looking back at some of the most important letters we sent to you in 2021. And today’s example features a warning about just how fragile the global bonds market is, from back in November.
At the time, the first signs of instability had emerged in places like Australia and Canada. Surging inflation risked tighter monetary policy elsewhere. And that’s bad news for bonds, which is bad news for borrowers around the world.
Here’s how things looked, back then…
Even now, not many city-types are willing to speak out against the miserable prospect of bonds as an asset class. But Rob Marstrand of UK Independent Wealth is.
Perhaps that’s why Nigel Farage was so keen to work with him. They’re both quite happy to be the one who points out an emperor has no clothes.
Find out if you agree with Rob’s alternative approach to building and growing your wealth here.
Nick Hubble
Editor, Fortune & Freedom
