Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
Threw in my cards on FLTR and SCHO--about 15% of my IRA--and took a piddly loss for peace of mind. Decided I don't want indexes, and I don't want to think about NAV spreads on ETfunds. That leaves me 38% cash. Bonds are now represented by MNHAX, CBRDX, CBLDX, BUBIX, and PRWCX at about 38% of holdings.
I can't see cuts coming at all, until some simple, added stability is provided, politically. The tariffs, even with the exceptions and partial delays on some goods, just have everything all jumbled. Inflation will RISE, not fall. For those who know how to play the volatility, these days might be a good time. Too much work for me.
This week two of the ex-Presidents of Dallas Fed (Kaplan and Fisher) were on TV and talked about the direction of rates. You can hardly say they are liberal mouth pieces and both are business men. Hopefully, you can find the clips on Youtube.
Comments
Edit: