We explain what is meant by the ‘risk-free rate’ and the ‘equity risk premium’
Thursday 14 Feb 2019 Author: Ian Conway
At the end of every year the great and the good of financial markets give their forecasts of where the FTSE 100 and other major indices will be in 12 months’ time. It’s a fruitless exercise because no-one can consistently forecast how much markets are going to gain or lose. As the legendary baseball player Yogi Berra said, it’s tough to make predictions, especially about the future. Not only...