A Client Tells You That He Strongly Believes That Interest

question 65

Essay

A client tells you that he strongly believes that interest rates will fall abruptly over the next six months. He asks you to recommend bonds for a portfolio to provide capital gains on the interest rate move. Generally, what would you suggest? What if he expected rates to rise? How would your answer be impacted if the yield curve has a steep downward slope?

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Definitions:

Effectiveness

The degree to which something is successful in producing a desired result; efficiency.

Client System

In social work, this term refers to the individual, family, group, or community that is seeking help or services.

Termination Phase

In counseling and therapy, it refers to the final stage of the client-professional relationship where therapy goals have been met and the relationship is ended.

Planned Change Process

A systematic approach designed to transition individuals, teams, and organizations from a current state to a desired future state.