‍ The original version of this article first appeared in The Business Times.  “Cash is king” has been the mantra ever since interest rates moved past 3 to 4%. That sentiment has persisted in an environment of sustained, higher-for-longer interest rates. However, if we examine more closely the historical track record, we will see that […]

source: https://thefinance.sg/2024/06/04/risk-is-not-volatility-science-of-wealth/