“Are we all too optimistic about interest rates?”

Could we be facing a prolonged period of stagflation? One that the markets have yet to fully account for? Dr. Athanassakos certainly believes so. In his article titled, “Are we all too optimistic about interest rates?”, published in The Globe and Mail (Report on Business), p.B8, he argues that nominal long term interest rates won’t dip below 3% anytime soon and delves into the complex interplay of factors driving this belief. The article also appeared in Globe Investor Magazine Online, under the title, “Over the long term, interest rates are going to stay high”, on September 7, 2023. View PDF