John Bran;303126 wrote:If I recall correctly base rates are still a staggering 9.5% in Georgia and inflation is staggering zero %? Very Conservative in there views on dealing with inflation. Specially as the target is 3% not 2%.
That would be staggering as the Georgian Lira is falling about 5/6% per year against the USD/GBP. So I really don't understand how that can work. Are we sure inflation there is not rising?
With higher rates for longer probable I somewhat regret selling out of this and considering buying back in?
Other higher for longer and even higher for higher stocks is ALPH where own a considerable amount. I really would like more portfolio diversification in stocks or assets that will go up with higher rates as I have considerable amounts in bond-proxies. So far I only know of ALPH and BGEO that can full-fill this role.