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Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.

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curmudgeon coverage

a2z
edited October 21 in Other Investing
martin sosnoff has an entertaining 'old man yells at cloud' vibe.
i dont mind spending 1-2 minutes reading his sporadic posts for someone that has been investing 6+ decades...he's seen stuff, and represents positive survival bias for many life challenges.

"...what looks like a blind but safe investment construct can fail its investors when bonds and stocks decline in tandem. Financial markets, bonds and stocks, can decline in unison. There’s no law that says the bond market stays safe even if the country faces a deep recession.
The high yield bond market is suspect today, I wouldn’t invest in any bonds with credit ratings below BBB. High yield bonds can lose their liquidity and never regain investment ratings.
Net, net, I don’t see any blue sky in financial markets. Our President could bury the country before he has to conform to a more traditional management construct that favors orderly growth."

https://www.martinsosnoff.com/post/where-is-the-punch-bowl

Comments

  • yogibearbullyogibearbull
    Both stocks and bonds fell in 2022, a historic bad year for 60-40. This wasn't even mentioned in the linked article. IMO, it won't repeat so soon (but will some day).
  • stayCalm
    Entertaining and opinionated!
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