Business Daily with Dimitar Vuchev 13.10.2020
Pavel Bandilov, CEO of BPD Industrial FNI REIT.
The relationship between the real economy and the asset prices of capital markets is broken thanks to the unprecedented policy of central banks and governments that rely on their monetary policy to postpone the inevitable.
The growing global debt is the new normality. The strategy of market participants is built on these incentives and any danger of their possible delay or reduction can sink the capital markets.
How does growing debt affect in combination with the outbreak of Kovid and negative interest rates on world markets, and what would be rude to protect investors?!
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