If you haven’t at least recouped all of your losses from 2018 during the first three months of 2019, you’re either having lousy luck (don’t walk under any ladders today) - or you’re doing something very wrong. As the article suggests - leadership of the bull market continues to evolve. From my vantage point: gold, real estate, infrastructure, and energy are all strongly positive this year.
https://www.heraldtribune.com/news/20190307/after-decade-of-doubts-bull-market-defies-doomsayers
Comments
today has a cite to interesting Bloomberg piece on US bond rate decline, supported by 22yo Shleifer-Vishny research on capital reduction effect; suggests caution about yield curve inversion interpretations; but does conclude 'On the other hand, business economists I talk to are sounding very grim about the incoming data flow. (shrugs)'
https://www.schwab.com/resource-center/insights/content/new-liz-ann-article?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed:+rss/market_investing_insights+(Schwab:+Market+&+Investing+Insights)
The below chart..... Treasury(s) is for 30, 10 and 5 year; as well as the 3 month. It looks a little busy if viewed on anything smaller than an Ipad size screen. The critical color is the mauve, which is the 3 month yield. So, keep in mind; this is not a price chart. If one is using a laptop/desktop with a pointer/mouse the cursor can be hovered on the lines and will display the yield %, date and percentage change from the begin date of the chart. Looking at the cross-over points will provide information as to when the inversions were taking place.
I'll add another blip later; as I must travel for a new cell phone battery.
Yields, Feb. 2006 - May, 2009