Your investment returns Year-to-date are = 0.00%
Be sure to thank your friendly "Fed-Model-says-stocks-are-cheap / Sub-prime-doesn’t-matter / Valuations-are-reasonable / Buybacks are great / Consumers-are-fine / Earnings-are-great / there-is-no-inflation" perma-bull for all their great advice.
Enjoy your Thanksgiving!
It’s A Low, Low, Low, Low-Rate World. No, really — it is. The yield on the 10 Year was under 4% this morning — briefly kissing 3.99%. You may be noticing about now that this lies in stark contrast to our prior discussion of Rates and the Magazine Cover Indicator (for more on the magazine…Read More