Extract from a Daily Mail Article Today31 Oct 2021 09:29
. . .”First, anyone who is likely to need to borrow money – for a mortgage, home improvements, just clearing other debts – should take advantage of cheap money while it lasts. The only safe assumption is that the rise in interest rates will be faster than the markets expect”. . . .IF, as this article suggests, Interest Rates rise to that level, then profits here at Lloyds, will subsequently go through the roof. Thai is a superb time to buy Lloyds, for your balanced Equities Portfolio. ATB