'I’m going to say this very bluntly again. Buy them only if you’re prepared to lose all your money,’ says Bank of England Governor Andrew Bailey when asked about the rising value of cryptocurrencies. James Bevan, CIO, shares his perspective
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The Bank of England’s Official Rate, often described as the Base Rate is presently 0.1%. The yield on government securities with two years to maturity was 0.04% at the close of business on Thursday, and with ten years to maturity was 0.73%. 
After the dramatic events of last year, 2021 has continued in exuberant fashion for equity markets with the MSCI World Index already up 5% year to date. Headlines have been dominated by the extraordinary tussle between retail investors and hedge funds in stocks such as GameStop, the meteoric rise of Tesla, up eightfold in 2020 and now trading on a consensus price earnings multiple of 197x and