Lots of bad stuff happening in the world now. But myamateur belief is that the stock market will continue to hold its value as long as bond yields remain low. But if (or when) safe bonds start paying, say 6% or 7% ... then look out below.
Disclaimer: Neither Blackrock nor Vanguard will hire me as a financial advisor. So what do I know?
I’ve only been trading for a year and have been terrible at it. Despite hedge funds bailing out on every uptick and Bullard suggesting a 75bps rate hike may be coming, the market is melting up big time today ignoring the condition of our economy and the war in Ukraine. If it doesn’t crack soon I may have to give up on my trade. In any event doing the opposite of what I do seems to be the winning formula so you may very well be right. With bond yield remaining so low, there’s not a lot of alternatives of where to park your money.