top of page
Search

A Year of Risk and its only February

It is very hard to put in perspective, how fast rates have risen since the first of the year; In my career, rates have never moved this quickly.


The confusion over inflation is amplified by the media. While prices seem are rising, the shock is rising faster. The question is,"Is Inflation Bad for Stocks:"

We could argue both sides of this question. Yes, as rates rise the cost of buybacks, many of which are funded by debt will rise. Conversely, companies have pricing power, so it is a tug of war


With the S&P at 4419 we are adding to our SPY and QQQ positions. The bond market is not trading well, so we are bidding on bonds carefully behind 3% in A credits or better



 
 
 

Recent Posts

See All
Invest Smarter

In the investment world, the perception of "smart" investors can often be misleading. Financial Advisors (FAs) commonly rely on a flawed...

 
 
 
Due for a Fall

Our portfolios are more the set and forget rather than active management. We make a strategic decision and rarely a tactical one. ...

 
 
 

Comments


bottom of page