Pre-adjustment for inflation.
Plus, there aren’t any people left who are stupid enough to saty in bonds.
Ooops, I meant there aren’t many people stupid enough to “stay” in bonds or CD’s.
Some people still have money to park. They are not going to put it in things highly vulnerable to the coming inflation. Cash is not king.
Best places:
1. Gold
2. Other Commodities
3. The Stock Market
Worst places:
1. Bonds
2. Cash or CD’s
3. Teasury Bills.
The stock market already fell enough to compensate for a 30-35%% shrinkage in GDP.