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.
I just know that you're going to find this unnecessarily picky, but the grammar there needs a little work. I'd suggest maybe- • Where are our tariff REFUNDS, you Orange criminal doink? or maybe- • Where are our tariff REFUNDS, your Orange criminal doinkiness?
The dollar bullish etf UUP bottomed well before the latest war crimes started -- on Jan. 27. Since then it's gained 4.3%, to the point it's down only 2.5% for one year now.
I'd expect the downward trend to return pretty strongly if/when the warriors call it quits. That's the kind of thing Gundlach and others are saying to have some dry powder to use when it does.
Since then it's gained 4.3%, to the point it's down only 2.5% for one year now.
Exactly, @AndyJ. During stress time, geopolitical or financial, money flows to safe asset such as US dollar. The dollar index also tracks oil future. It rose quickly late last week when oil hit over $130. Until the oil shipping has stabilized, it would be advisable to be patient. Potentially, this may last for several more weeks or more. Who say the conflict is nearly over? Iran wants to maximize the economic pain to the west, and they control the Strait of Hormuz.
Not us. There is a lot of debt across the globe. US deficit is over $37 trillions and growing. Annual interest alone is over $960 billions.
Bond prices are falling due the 10 year yield is rising over 4.0%. The magnitude of decline is small comparing to those of stocks. Folks sell bonds because they don’t have enough cash to cover their living expenses. Panic selling is not a viable strategy in the long run.
I've been selling bond funds in the IRA's that are in the green to preserve capital. Lucky for us we don't need the money yet. That money will go back into money markets or funds like USFR. So, just different types of bonds in the long run.
Outside of a small position in preferreds, we don't own bonds in the taxables.
Hi yield (junk) and emerging market bonds tend to have positive correlation to stocks under stress time like now. They are not the ballast you are seeking to counteract equity risk. Stay with short term high quality bonds. Many of them are holding their own. I also use USFR as well.
Comments
• Where are our tariff REFUNDS, you Orange criminal doink? or maybe-
• Where are our tariff REFUNDS, your Orange criminal doinkiness?
I'd expect the downward trend to return pretty strongly if/when the warriors call it quits. That's the kind of thing Gundlach and others are saying to have some dry powder to use when it does.
Bond prices are falling due the 10 year yield is rising over 4.0%. The magnitude of decline is small comparing to those of stocks. Folks sell bonds because they don’t have enough cash to cover their living expenses. Panic selling is not a viable strategy in the long run.
Outside of a small position in preferreds, we don't own bonds in the taxables.