Bonds have become more attractive as an investment opportunity due to weaker inflation readings and expectations for Fed rate cuts in 2024. The “higher for longer” mantra has been replaced by the optimism of potential rate cuts in 2024. We should also note the risks. I have been adding selectively in recent months. In their 2024…
Happy Thanksgiving!
I hope you have a fantastic Thanksgiving! Is money really everything in life? It is time to hit the pause button on markets, put the spreadsheets away, and enjoy the company of your loved ones. Thanksgiving is cherished across the US as a time to gather with family and friends, reflect on what we are…
Up, up, and away
I picked up something from Yahoo Finance for those looking for reasons to invest their hard-earned wealth next year. The stock market has had a stellar run in 2023, and the equity strategy team led by Savita Subramaniam at Bank of America expects another strong year in 2024 will send the S&P 500 to a…
Pessimism sounds smart, optimists make money
Cryptos are crashing again – sorry for the bad joke. I was having a meeting earlier with my local partners on how the crypto assets might disrupt our investment portfolios. Crypto assets will probably end in “tears” (blowoff bubble) according to some critics someday but that day is not close. Cryptos are the most misunderstood asset…
Weekly breakfast
Wow! It was another good week for a stock market bull like me. Major US benchmarks captured their third straight week of gains after the latest inflation data showed prices cooled down last month and investors continue to hope that the Fed won’t raise rates in December. So far in November, the S&P 500 has…