top of page
Search

A Year of Risk and its only February

Writer: dreich7dreich7

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

Great article

https://www.wsj.com/personal-finance/when-date-night-gets-between-the-spreadsheets-22902d67

Bonds Rule

Finding value is always a challenge Equities keep climbing all sorts of negative news both economic and geopolitical. Hard to chase...

Structures Notes

We've been buying notes all year. Our 12% notes have been all called. Reinvesting at 11% with barriers down 30%. All on the...

Comments


bottom of page