Prepare for landing - i'm starting to believe it will be a bit bumpy. The Fed has lowered interest rates as "insurance" for our economic expansion. they are winding down their balance sheet reduction program. Some say we have the BEST economy ever in history! all time highs in the S&P 500! record low unemployment!
What do you think? do you believe it?
10 year bond rates went below 1.6% (historic lows). The rates are "inverted" meaning you are getting a lower return on 10 year bonds than 2 year bonds. They say this is a recession warning like we had in 2007! bloomberg has reported that $16T in global debt is negative yielding. US REAL interest rates are negative (meaning that inflation is higher than what you can earn on your cash). god bless you if you are an american saver because the american borrower is hosing you on your interest income, they are getting cheap money to go spend on who knows what.
the Fed has never engineered a soft landing on a recession so be prepared. interest rates are already below "normal", so the Fed will have less room to lower them when we REALLY need it. do you have a cash reserve? when will you start buying again? on the way down, the way up?
what stocks would you buy right now? i think Matador (MTDR) oil and gas is a good buy. Ruger (RGR) is cheap for obvious reasons.
What do you think? do you believe it?
10 year bond rates went below 1.6% (historic lows). The rates are "inverted" meaning you are getting a lower return on 10 year bonds than 2 year bonds. They say this is a recession warning like we had in 2007! bloomberg has reported that $16T in global debt is negative yielding. US REAL interest rates are negative (meaning that inflation is higher than what you can earn on your cash). god bless you if you are an american saver because the american borrower is hosing you on your interest income, they are getting cheap money to go spend on who knows what.
the Fed has never engineered a soft landing on a recession so be prepared. interest rates are already below "normal", so the Fed will have less room to lower them when we REALLY need it. do you have a cash reserve? when will you start buying again? on the way down, the way up?
what stocks would you buy right now? i think Matador (MTDR) oil and gas is a good buy. Ruger (RGR) is cheap for obvious reasons.
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