With all this consumer debt, business debt, government debt, smaller movements in interest rates have a magnified effect... a small movement can tip the boat.
With all this consumer debt, business debt, government debt, smaller movements in interest rates have a magnified effect... a small movement can tip the boat.
A bullish orientation towards the front-end of the curve therefore should begin to dominate bond strategies, combined with an avoidance of anything that carries those low-risk premiums that Greenspan finally diagnosed, ... Those assets include real estate, equities, high yield, corporate, and some areas of emerging-market debt.
Too much debt, geopolitical risk and several bubbles have created a very unstable environment which can turn any minute, ... More than any point in the past 20 or 30 years, there's potential for a reversal.
Debt and lack of pricing power is a dangerous combination, ... Gasoline and a match fall into the same category.
© 2020 Inspirational Stories
© 2020 Inspirational Stories