Greetings, there is a lot of discussion about an impending recession, and since central banks already have very low discount rates, I wonder if it might not last for a while. Some people say we are entering a deflationary period, like Japan in the 1990s, so the recession might last for 20 years.
What are the best investment, for capital preservation, and if possible a small capital increase? Time deposits, bonds, certificate of deposits, any other?
The price of bonds has increased, and high quality bond etfs now pay about the same as time deposits. Would certificate of deposits pay more than time deposits? From what I can find they also pay very little. Any other asset class I could look at?