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To: CFW

“10-Year Treasury Yield Top 4.85%”

That is beginning to be a tempting investment.

I am still convinced that serious inflation is with us for the long term—but if I am wrong this would look really good in a portfolio.

Make no mistake—I am confident that it is all coming down—but we could be talking decades from now, not years from now.

It is easy to confuse important with urgent.


35 posted on 10/18/2023 5:39:44 AM PDT by cgbg ("Creative minds have always been known to survive any kind of bad training." Anna Freud.)
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To: cgbg

“It is easy to confuse important with urgent.”


That is so true. Oh, to have a crystal ball!

It’s all going to come crashing down at some point. The question is whether that crash is imminent, or way off in the future. However, I’m 60+ and have never before in my life-time seen our nation so close to the edge of a cliff.


36 posted on 10/18/2023 8:01:53 AM PDT by CFW (I will not comply!)
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