Intuitively I can't see how the maths can add up.to a positive result. Non-performing loans won't perform at all within a global environment of tightening credit, risk averse consumers and stagnant growth. Rising defaults will lead to further tightening which will in lead to more defaults.
The one good point ATM is that with the media's limelight pointed at Trump everything else gets moved to the back page.
On investment, there are safe haven growth stocks but they aren't the usual ones.
cheers
