Today’s focus… higher US yields impairs 60-40 portfolio performance, European growth fears, energy crisis 2.0 and politicians moving the net zero goalposts
Great work.....
A lot to think about.....
So many cross currents.....
Sunak gets it.....too much, too fast....
Biden doesn't get it....
I agree with all of your Themes...Hope the Saudis are Listening....
I tried to convince a PM, that Stocks and Bonds are now Positively correlated and he looked
at me, like I was from Mars.......of Course, his Bond Fund Investments are down, again.
Hard to teach a old dog new tricks, if his mind is closed to reality....
Thanks, as always, for all the great content!
Great work.....
A lot to think about.....
So many cross currents.....
Sunak gets it.....too much, too fast....
Biden doesn't get it....
I agree with all of your Themes...Hope the Saudis are Listening....
I tried to convince a PM, that Stocks and Bonds are now Positively correlated and he looked
at me, like I was from Mars.......of Course, his Bond Fund Investments are down, again.
Hard to teach a old dog new tricks, if his mind is closed to reality....
Thanks, as always, for all the great content!