Check out Schwab Expert, Kathy Jones’s latest market commentary, “Bond Market: Shaken Not Stirred” and find out what’s next for fixed income: #fixedincome #bondmarket #economy #portfolios #charlesschwab #alchemiwealth
Alchemi Wealth LLC’s Post
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𝗪𝗲𝗹𝗰𝗼𝗺𝗲 𝘁𝗼 𝗦𝘁𝗮𝘁𝗲-𝗥𝘂𝗻 𝗖𝗮𝗽𝗶𝘁𝗮𝗹𝗶𝘀𝗺 We’ve mentioned this before, but it bears repeating. It seems that investors pay as close attention to what the government is doing, as they do to actual business news. We don’t think investors are wrong to do this, but it’s only because government has become so big. The US has moved from a simple Keynesian-type model to what we call “State-Run Capitalism.” When the economy turns soft, a typical “Keynesian” (demand-side) response would be to boost the budget deficit or print more money. Now, the government is running permanent, and very large, deficits and using its budget ... 𝘊𝘓𝘐𝘊𝘒 𝘓𝘐𝘕𝘒 𝘈𝘛 𝘌𝘕𝘋 𝘖𝘍 𝘗𝘖𝘚𝘛 𝘛𝘖 𝘙𝘌𝘈𝘋 𝘖𝘕 ... 𝗳𝗿𝗼𝗺 𝗳𝘁𝗽𝗼𝗿𝘁𝗳𝗼𝗹𝗶𝗼𝘀.𝗰𝗼𝗺 Disclaimers: https://rfr.bz/la0oteb #WealthBuilding #FinancialServices #Investments #Bonds ---- 𝘕𝘖𝘛𝘌: 𝘛𝘩𝘦 𝘳𝘦𝘧𝘦𝘳𝘦𝘯𝘤𝘦𝘥 𝘢𝘳𝘵𝘪𝘤𝘭𝘦 𝘭𝘪𝘯𝘬 𝘵𝘢𝘬𝘦𝘴 𝘺𝘰𝘶 𝘵𝘰 𝘢 𝘵𝘩𝘪𝘳𝘥-𝘱𝘢𝘳𝘵𝘺 𝘤𝘰𝘯𝘵𝘦𝘯𝘵 𝘱𝘳𝘰𝘷𝘪𝘥𝘦𝘳 𝘸𝘩𝘦𝘳𝘦 𝘊𝘩𝘦𝘭𝘴𝘦𝘢 𝘍𝘪𝘯𝘢𝘯𝘤𝘪𝘢𝘭 𝘚𝘦𝘳𝘷𝘪𝘤𝘦𝘴 𝘥𝘰𝘦𝘴 𝘯𝘰𝘵 𝘩𝘢𝘷𝘦 𝘢𝘯𝘺 𝘤𝘰𝘯𝘵𝘳𝘰𝘭 𝘰𝘷𝘦𝘳 𝘵𝘩𝘦 𝘤𝘰𝘯𝘵𝘦𝘯𝘵. 𝘈𝘯𝘺 𝘤𝘰𝘯𝘵𝘦𝘯𝘵, 𝘭𝘪𝘯𝘬s, 𝘢𝘯𝘥/𝘰𝘳 𝘢𝘥𝘷𝘦𝘳𝘵𝘪𝘴𝘦𝘮𝘦𝘯𝘵𝘴 𝘴𝘩𝘰𝘶𝘭𝘥 𝘯𝘰𝘵 𝘣𝘦 𝘤𝘰𝘯𝘴𝘵𝘳𝘶𝘦𝘥 𝘢𝘴 𝘢𝘯 𝘦𝘯𝘥𝘰𝘳𝘴𝘦𝘮𝘦𝘯𝘵 𝘰𝘳 𝘳𝘦𝘤𝘰𝘮𝘮𝘦𝘯𝘥𝘢𝘵𝘪𝘰𝘯 𝘰𝘧 𝘢𝘯𝘺 𝘴𝘦𝘤𝘶𝘳𝘪𝘵𝘺, 𝘪𝘯𝘷𝘦𝘴𝘵𝘮𝘦𝘯𝘵, 𝘧𝘪𝘯𝘢𝘯𝘤𝘪𝘢𝘭 𝘪𝘯𝘴𝘵𝘳𝘶𝘮𝘦𝘯𝘵, 𝘰𝘳 𝘢𝘥𝘷𝘪𝘤𝘦 𝘦𝘯𝘤𝘰𝘶𝘯𝘵𝘦𝘳𝘦𝘥. ---- https://rfr.bz/la0otea
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𝗪𝗲𝗹𝗰𝗼𝗺𝗲 𝘁𝗼 𝗦𝘁𝗮𝘁𝗲-𝗥𝘂𝗻 𝗖𝗮𝗽𝗶𝘁𝗮𝗹𝗶𝘀𝗺 We’ve mentioned this before, but it bears repeating. It seems that investors pay as close attention to what the government is doing, as they do to actual business news. We don’t think investors are wrong to do this, but it’s only because government has become so big. The US has moved from a simple Keynesian-type model to what we call “State-Run Capitalism.” When the economy turns soft, a typical “Keynesian” (demand-side) response would be to boost the budget deficit or print more money. Now, the government is running permanent, and very large, deficits and using its budget ... 𝘊𝘓𝘐𝘊𝘒 𝘓𝘐𝘕𝘒 𝘈𝘛 𝘌𝘕𝘋 𝘖𝘍 𝘗𝘖𝘚𝘛 𝘛𝘖 𝘙𝘌𝘈𝘋 𝘖𝘕 ... 𝗳𝗿𝗼𝗺 𝗳𝘁𝗽𝗼𝗿𝘁𝗳𝗼𝗹𝗶𝗼𝘀.𝗰𝗼𝗺 Disclaimers: https://rfr.bz/la0oteb #WealthBuilding #FinancialServices #Investments #Bonds ---- 𝘕𝘖𝘛𝘌: 𝘛𝘩𝘦 𝘳𝘦𝘧𝘦𝘳𝘦𝘯𝘤𝘦𝘥 𝘢𝘳𝘵𝘪𝘤𝘭𝘦 𝘭𝘪𝘯𝘬 𝘵𝘢𝘬𝘦𝘴 𝘺𝘰𝘶 𝘵𝘰 𝘢 𝘵𝘩𝘪𝘳𝘥-𝘱𝘢𝘳𝘵𝘺 𝘤𝘰𝘯𝘵𝘦𝘯𝘵 𝘱𝘳𝘰𝘷𝘪𝘥𝘦𝘳 𝘸𝘩𝘦𝘳𝘦 𝘊𝘩𝘦𝘭𝘴𝘦𝘢 𝘍𝘪𝘯𝘢𝘯𝘤𝘪𝘢𝘭 𝘚𝘦𝘳𝘷𝘪𝘤𝘦𝘴 𝘥𝘰𝘦𝘴 𝘯𝘰𝘵 𝘩𝘢𝘷𝘦 𝘢𝘯𝘺 𝘤𝘰𝘯𝘵𝘳𝘰𝘭 𝘰𝘷𝘦𝘳 𝘵𝘩𝘦 𝘤𝘰𝘯𝘵𝘦𝘯𝘵. 𝘈𝘯𝘺 𝘤𝘰𝘯𝘵𝘦𝘯𝘵, 𝘭𝘪𝘯𝘬s, 𝘢𝘯𝘥/𝘰𝘳 𝘢𝘥𝘷𝘦𝘳𝘵𝘪𝘴𝘦𝘮𝘦𝘯𝘵𝘴 𝘴𝘩𝘰𝘶𝘭𝘥 𝘯𝘰𝘵 𝘣𝘦 𝘤𝘰𝘯𝘴𝘵𝘳𝘶𝘦𝘥 𝘢𝘴 𝘢𝘯 𝘦𝘯𝘥𝘰𝘳𝘴𝘦𝘮𝘦𝘯𝘵 𝘰𝘳 𝘳𝘦𝘤𝘰𝘮𝘮𝘦𝘯𝘥𝘢𝘵𝘪𝘰𝘯 𝘰𝘧 𝘢𝘯𝘺 𝘴𝘦𝘤𝘶𝘳𝘪𝘵𝘺, 𝘪𝘯𝘷𝘦𝘴𝘵𝘮𝘦𝘯𝘵, 𝘧𝘪𝘯𝘢𝘯𝘤𝘪𝘢𝘭 𝘪𝘯𝘴𝘵𝘳𝘶𝘮𝘦𝘯𝘵, 𝘰𝘳 𝘢𝘥𝘷𝘪𝘤𝘦 𝘦𝘯𝘤𝘰𝘶𝘯𝘵𝘦𝘳𝘦𝘥. ---- https://rfr.bz/la0otea
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𝗪𝗲𝗹𝗰𝗼𝗺𝗲 𝘁𝗼 𝗦𝘁𝗮𝘁𝗲-𝗥𝘂𝗻 𝗖𝗮𝗽𝗶𝘁𝗮𝗹𝗶𝘀𝗺 We’ve mentioned this before, but it bears repeating. It seems that investors pay as close attention to what the government is doing, as they do to actual business news. We don’t think investors are wrong to do this, but it’s only because government has become so big. The US has moved from a simple Keynesian-type model to what we call “State-Run Capitalism.” When the economy turns soft, a typical “Keynesian” (demand-side) response would be to boost the budget deficit or print more money. Now, the government is running permanent, and very large, deficits and using its budget ... 𝘊𝘓𝘐𝘊𝘒 𝘓𝘐𝘕𝘒 𝘈𝘛 𝘌𝘕𝘋 𝘖𝘍 𝘗𝘖𝘚𝘛 𝘛𝘖 𝘙𝘌𝘈𝘋 𝘖𝘕 ... 𝗳𝗿𝗼𝗺 𝗳𝘁𝗽𝗼𝗿𝘁𝗳𝗼𝗹𝗶𝗼𝘀.𝗰𝗼𝗺 Disclaimers: https://rfr.bz/la0oteb #WealthBuilding #FinancialServices #Investments #Bonds ---- 𝘕𝘖𝘛𝘌: 𝘛𝘩𝘦 𝘳𝘦𝘧𝘦𝘳𝘦𝘯𝘤𝘦𝘥 𝘢𝘳𝘵𝘪𝘤𝘭𝘦 𝘭𝘪𝘯𝘬 𝘵𝘢𝘬𝘦𝘴 𝘺𝘰𝘶 𝘵𝘰 𝘢 𝘵𝘩𝘪𝘳𝘥-𝘱𝘢𝘳𝘵𝘺 𝘤𝘰𝘯𝘵𝘦𝘯𝘵 𝘱𝘳𝘰𝘷𝘪𝘥𝘦𝘳 𝘸𝘩𝘦𝘳𝘦 𝘊𝘩𝘦𝘭𝘴𝘦𝘢 𝘍𝘪𝘯𝘢𝘯𝘤𝘪𝘢𝘭 𝘚𝘦𝘳𝘷𝘪𝘤𝘦𝘴 𝘥𝘰𝘦𝘴 𝘯𝘰𝘵 𝘩𝘢𝘷𝘦 𝘢𝘯𝘺 𝘤𝘰𝘯𝘵𝘳𝘰𝘭 𝘰𝘷𝘦𝘳 𝘵𝘩𝘦 𝘤𝘰𝘯𝘵𝘦𝘯𝘵. 𝘈𝘯𝘺 𝘤𝘰𝘯𝘵𝘦𝘯𝘵, 𝘭𝘪𝘯𝘬s, 𝘢𝘯𝘥/𝘰𝘳 𝘢𝘥𝘷𝘦𝘳𝘵𝘪𝘴𝘦𝘮𝘦𝘯𝘵𝘴 𝘴𝘩𝘰𝘶𝘭𝘥 𝘯𝘰𝘵 𝘣𝘦 𝘤𝘰𝘯𝘴𝘵𝘳𝘶𝘦𝘥 𝘢𝘴 𝘢𝘯 𝘦𝘯𝘥𝘰𝘳𝘴𝘦𝘮𝘦𝘯𝘵 𝘰𝘳 𝘳𝘦𝘤𝘰𝘮𝘮𝘦𝘯𝘥𝘢𝘵𝘪𝘰𝘯 𝘰𝘧 𝘢𝘯𝘺 𝘴𝘦𝘤𝘶𝘳𝘪𝘵𝘺, 𝘪𝘯𝘷𝘦𝘴𝘵𝘮𝘦𝘯𝘵, 𝘧𝘪𝘯𝘢𝘯𝘤𝘪𝘢𝘭 𝘪𝘯𝘴𝘵𝘳𝘶𝘮𝘦𝘯𝘵, 𝘰𝘳 𝘢𝘥𝘷𝘪𝘤𝘦 𝘦𝘯𝘤𝘰𝘶𝘯𝘵𝘦𝘳𝘦𝘥. ---- https://rfr.bz/la0otea
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𝗪𝗲𝗹𝗰𝗼𝗺𝗲 𝘁𝗼 𝗦𝘁𝗮𝘁𝗲-𝗥𝘂𝗻 𝗖𝗮𝗽𝗶𝘁𝗮𝗹𝗶𝘀𝗺 We’ve mentioned this before, but it bears repeating. It seems that investors pay as close attention to what the government is doing, as they do to actual business news. We don’t think investors are wrong to do this, but it’s only because government has become so big. The US has moved from a simple Keynesian-type model to what we call “State-Run Capitalism.” When the economy turns soft, a typical “Keynesian” (demand-side) response would be to boost the budget deficit or print more money. Now, the government is running permanent, and very large, deficits and using its budget ... 𝘊𝘓𝘐𝘊𝘒 𝘓𝘐𝘕𝘒 𝘈𝘛 𝘌𝘕𝘋 𝘖𝘍 𝘗𝘖𝘚𝘛 𝘛𝘖 𝘙𝘌𝘈𝘋 𝘖𝘕 ... 𝗳𝗿𝗼𝗺 𝗳𝘁𝗽𝗼𝗿𝘁𝗳𝗼𝗹𝗶𝗼𝘀.𝗰𝗼𝗺 Disclaimers: https://rfr.bz/la0oteb #WealthBuilding #FinancialServices #Investments #Bonds ---- 𝘕𝘖𝘛𝘌: 𝘛𝘩𝘦 𝘳𝘦𝘧𝘦𝘳𝘦𝘯𝘤𝘦𝘥 𝘢𝘳𝘵𝘪𝘤𝘭𝘦 𝘭𝘪𝘯𝘬 𝘵𝘢𝘬𝘦𝘴 𝘺𝘰𝘶 𝘵𝘰 𝘢 𝘵𝘩𝘪𝘳𝘥-𝘱𝘢𝘳𝘵𝘺 𝘤𝘰𝘯𝘵𝘦𝘯𝘵 𝘱𝘳𝘰𝘷𝘪𝘥𝘦𝘳 𝘸𝘩𝘦𝘳𝘦 𝘊𝘩𝘦𝘭𝘴𝘦𝘢 𝘍𝘪𝘯𝘢𝘯𝘤𝘪𝘢𝘭 𝘚𝘦𝘳𝘷𝘪𝘤𝘦𝘴 𝘥𝘰𝘦𝘴 𝘯𝘰𝘵 𝘩𝘢𝘷𝘦 𝘢𝘯𝘺 𝘤𝘰𝘯𝘵𝘳𝘰𝘭 𝘰𝘷𝘦𝘳 𝘵𝘩𝘦 𝘤𝘰𝘯𝘵𝘦𝘯𝘵. 𝘈𝘯𝘺 𝘤𝘰𝘯𝘵𝘦𝘯𝘵, 𝘭𝘪𝘯𝘬s, 𝘢𝘯𝘥/𝘰𝘳 𝘢𝘥𝘷𝘦𝘳𝘵𝘪𝘴𝘦𝘮𝘦𝘯𝘵𝘴 𝘴𝘩𝘰𝘶𝘭𝘥 𝘯𝘰𝘵 𝘣𝘦 𝘤𝘰𝘯𝘴𝘵𝘳𝘶𝘦𝘥 𝘢𝘴 𝘢𝘯 𝘦𝘯𝘥𝘰𝘳𝘴𝘦𝘮𝘦𝘯𝘵 𝘰𝘳 𝘳𝘦𝘤𝘰𝘮𝘮𝘦𝘯𝘥𝘢𝘵𝘪𝘰𝘯 𝘰𝘧 𝘢𝘯𝘺 𝘴𝘦𝘤𝘶𝘳𝘪𝘵𝘺, 𝘪𝘯𝘷𝘦𝘴𝘵𝘮𝘦𝘯𝘵, 𝘧𝘪𝘯𝘢𝘯𝘤𝘪𝘢𝘭 𝘪𝘯𝘴𝘵𝘳𝘶𝘮𝘦𝘯𝘵, 𝘰𝘳 𝘢𝘥𝘷𝘪𝘤𝘦 𝘦𝘯𝘤𝘰𝘶𝘯𝘵𝘦𝘳𝘦𝘥. ---- https://rfr.bz/la0otea
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𝗪𝗲𝗹𝗰𝗼𝗺𝗲 𝘁𝗼 𝗦𝘁𝗮𝘁𝗲-𝗥𝘂𝗻 𝗖𝗮𝗽𝗶𝘁𝗮𝗹𝗶𝘀𝗺 We’ve mentioned this before, but it bears repeating. It seems that investors pay as close attention to what the government is doing, as they do to actual business news. We don’t think investors are wrong to do this, but it’s only because government has become so big. The US has moved from a simple Keynesian-type model to what we call “State-Run Capitalism.” When the economy turns soft, a typical “Keynesian” (demand-side) response would be to boost the budget deficit or print more money. Now, the government is running permanent, and very large, deficits and using its budget ... 𝘊𝘓𝘐𝘊𝘒 𝘓𝘐𝘕𝘒 𝘈𝘛 𝘌𝘕𝘋 𝘖𝘍 𝘗𝘖𝘚𝘛 𝘛𝘖 𝘙𝘌𝘈𝘋 𝘖𝘕 ... 𝗳𝗿𝗼𝗺 𝗳𝘁𝗽𝗼𝗿𝘁𝗳𝗼𝗹𝗶𝗼𝘀.𝗰𝗼𝗺 Disclaimers: https://rfr.bz/la0oteb #WealthBuilding #FinancialServices #Investments #Bonds ---- 𝘕𝘖𝘛𝘌: 𝘛𝘩𝘦 𝘳𝘦𝘧𝘦𝘳𝘦𝘯𝘤𝘦𝘥 𝘢𝘳𝘵𝘪𝘤𝘭𝘦 𝘭𝘪𝘯𝘬 𝘵𝘢𝘬𝘦𝘴 𝘺𝘰𝘶 𝘵𝘰 𝘢 𝘵𝘩𝘪𝘳𝘥-𝘱𝘢𝘳𝘵𝘺 𝘤𝘰𝘯𝘵𝘦𝘯𝘵 𝘱𝘳𝘰𝘷𝘪𝘥𝘦𝘳 𝘸𝘩𝘦𝘳𝘦 𝘊𝘩𝘦𝘭𝘴𝘦𝘢 𝘍𝘪𝘯𝘢𝘯𝘤𝘪𝘢𝘭 𝘚𝘦𝘳𝘷𝘪𝘤𝘦𝘴 𝘥𝘰𝘦𝘴 𝘯𝘰𝘵 𝘩𝘢𝘷𝘦 𝘢𝘯𝘺 𝘤𝘰𝘯𝘵𝘳𝘰𝘭 𝘰𝘷𝘦𝘳 𝘵𝘩𝘦 𝘤𝘰𝘯𝘵𝘦𝘯𝘵. 𝘈𝘯𝘺 𝘤𝘰𝘯𝘵𝘦𝘯𝘵, 𝘭𝘪𝘯𝘬s, 𝘢𝘯𝘥/𝘰𝘳 𝘢𝘥𝘷𝘦𝘳𝘵𝘪𝘴𝘦𝘮𝘦𝘯𝘵𝘴 𝘴𝘩𝘰𝘶𝘭𝘥 𝘯𝘰𝘵 𝘣𝘦 𝘤𝘰𝘯𝘴𝘵𝘳𝘶𝘦𝘥 𝘢𝘴 𝘢𝘯 𝘦𝘯𝘥𝘰𝘳𝘴𝘦𝘮𝘦𝘯𝘵 𝘰𝘳 𝘳𝘦𝘤𝘰𝘮𝘮𝘦𝘯𝘥𝘢𝘵𝘪𝘰𝘯 𝘰𝘧 𝘢𝘯𝘺 𝘴𝘦𝘤𝘶𝘳𝘪𝘵𝘺, 𝘪𝘯𝘷𝘦𝘴𝘵𝘮𝘦𝘯𝘵, 𝘧𝘪𝘯𝘢𝘯𝘤𝘪𝘢𝘭 𝘪𝘯𝘴𝘵𝘳𝘶𝘮𝘦𝘯𝘵, 𝘰𝘳 𝘢𝘥𝘷𝘪𝘤𝘦 𝘦𝘯𝘤𝘰𝘶𝘯𝘵𝘦𝘳𝘦𝘥. ---- https://rfr.bz/la0otea
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𝗪𝗲𝗹𝗰𝗼𝗺𝗲 𝘁𝗼 𝗦𝘁𝗮𝘁𝗲-𝗥𝘂𝗻 𝗖𝗮𝗽𝗶𝘁𝗮𝗹𝗶𝘀𝗺 We’ve mentioned this before, but it bears repeating. It seems that investors pay as close attention to what the government is doing, as they do to actual business news. We don’t think investors are wrong to do this, but it’s only because government has become so big. The US has moved from a simple Keynesian-type model to what we call “State-Run Capitalism.” When the economy turns soft, a typical “Keynesian” (demand-side) response would be to boost the budget deficit or print more money. Now, the government is running permanent, and very large, deficits and using its budget ... 𝘊𝘓𝘐𝘊𝘒 𝘓𝘐𝘕𝘒 𝘈𝘛 𝘌𝘕𝘋 𝘖𝘍 𝘗𝘖𝘚𝘛 𝘛𝘖 𝘙𝘌𝘈𝘋 𝘖𝘕 ... 𝗳𝗿𝗼𝗺 𝗳𝘁𝗽𝗼𝗿𝘁𝗳𝗼𝗹𝗶𝗼𝘀.𝗰𝗼𝗺 Disclaimers: https://rfr.bz/la0oteb #WealthBuilding #FinancialServices #Investments #Bonds ---- 𝘕𝘖𝘛𝘌: 𝘛𝘩𝘦 𝘳𝘦𝘧𝘦𝘳𝘦𝘯𝘤𝘦𝘥 𝘢𝘳𝘵𝘪𝘤𝘭𝘦 𝘭𝘪𝘯𝘬 𝘵𝘢𝘬𝘦𝘴 𝘺𝘰𝘶 𝘵𝘰 𝘢 𝘵𝘩𝘪𝘳𝘥-𝘱𝘢𝘳𝘵𝘺 𝘤𝘰𝘯𝘵𝘦𝘯𝘵 𝘱𝘳𝘰𝘷𝘪𝘥𝘦𝘳 𝘸𝘩𝘦𝘳𝘦 𝘊𝘩𝘦𝘭𝘴𝘦𝘢 𝘍𝘪𝘯𝘢𝘯𝘤𝘪𝘢𝘭 𝘚𝘦𝘳𝘷𝘪𝘤𝘦𝘴 𝘥𝘰𝘦𝘴 𝘯𝘰𝘵 𝘩𝘢𝘷𝘦 𝘢𝘯𝘺 𝘤𝘰𝘯𝘵𝘳𝘰𝘭 𝘰𝘷𝘦𝘳 𝘵𝘩𝘦 𝘤𝘰𝘯𝘵𝘦𝘯𝘵. 𝘈𝘯𝘺 𝘤𝘰𝘯𝘵𝘦𝘯𝘵, 𝘭𝘪𝘯𝘬s, 𝘢𝘯𝘥/𝘰𝘳 𝘢𝘥𝘷𝘦𝘳𝘵𝘪𝘴𝘦𝘮𝘦𝘯𝘵𝘴 𝘴𝘩𝘰𝘶𝘭𝘥 𝘯𝘰𝘵 𝘣𝘦 𝘤𝘰𝘯𝘴𝘵𝘳𝘶𝘦𝘥 𝘢𝘴 𝘢𝘯 𝘦𝘯𝘥𝘰𝘳𝘴𝘦𝘮𝘦𝘯𝘵 𝘰𝘳 𝘳𝘦𝘤𝘰𝘮𝘮𝘦𝘯𝘥𝘢𝘵𝘪𝘰𝘯 𝘰𝘧 𝘢𝘯𝘺 𝘴𝘦𝘤𝘶𝘳𝘪𝘵𝘺, 𝘪𝘯𝘷𝘦𝘴𝘵𝘮𝘦𝘯𝘵, 𝘧𝘪𝘯𝘢𝘯𝘤𝘪𝘢𝘭 𝘪𝘯𝘴𝘵𝘳𝘶𝘮𝘦𝘯𝘵, 𝘰𝘳 𝘢𝘥𝘷𝘪𝘤𝘦 𝘦𝘯𝘤𝘰𝘶𝘯𝘵𝘦𝘳𝘦𝘥. ---- https://rfr.bz/la0otea
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Co-Founder/Principal at College Benefits Research Group, LLC & Registered Representative, Chelsea Financial Services
𝗪𝗲𝗹𝗰𝗼𝗺𝗲 𝘁𝗼 𝗦𝘁𝗮𝘁𝗲-𝗥𝘂𝗻 𝗖𝗮𝗽𝗶𝘁𝗮𝗹𝗶𝘀𝗺 We’ve mentioned this before, but it bears repeating. It seems that investors pay as close attention to what the government is doing, as they do to actual business news. We don’t think investors are wrong to do this, but it’s only because government has become so big. The US has moved from a simple Keynesian-type model to what we call “State-Run Capitalism.” When the economy turns soft, a typical “Keynesian” (demand-side) response would be to boost the budget deficit or print more money. Now, the government is running permanent, and very large, deficits and using its budget ... 𝘊𝘓𝘐𝘊𝘒 𝘓𝘐𝘕𝘒 𝘈𝘛 𝘌𝘕𝘋 𝘖𝘍 𝘗𝘖𝘚𝘛 𝘛𝘖 𝘙𝘌𝘈𝘋 𝘖𝘕 ... 𝗳𝗿𝗼𝗺 𝗳𝘁𝗽𝗼𝗿𝘁𝗳𝗼𝗹𝗶𝗼𝘀.𝗰𝗼𝗺 Disclaimers: https://rfr.bz/la0oteb #WealthBuilding #FinancialServices #Investments #Bonds ---- 𝘕𝘖𝘛𝘌: 𝘛𝘩𝘦 𝘳𝘦𝘧𝘦𝘳𝘦𝘯𝘤𝘦𝘥 𝘢𝘳𝘵𝘪𝘤𝘭𝘦 𝘭𝘪𝘯𝘬 𝘵𝘢𝘬𝘦𝘴 𝘺𝘰𝘶 𝘵𝘰 𝘢 𝘵𝘩𝘪𝘳𝘥-𝘱𝘢𝘳𝘵𝘺 𝘤𝘰𝘯𝘵𝘦𝘯𝘵 𝘱𝘳𝘰𝘷𝘪𝘥𝘦𝘳 𝘸𝘩𝘦𝘳𝘦 𝘊𝘩𝘦𝘭𝘴𝘦𝘢 𝘍𝘪𝘯𝘢𝘯𝘤𝘪𝘢𝘭 𝘚𝘦𝘳𝘷𝘪𝘤𝘦𝘴 𝘥𝘰𝘦𝘴 𝘯𝘰𝘵 𝘩𝘢𝘷𝘦 𝘢𝘯𝘺 𝘤𝘰𝘯𝘵𝘳𝘰𝘭 𝘰𝘷𝘦𝘳 𝘵𝘩𝘦 𝘤𝘰𝘯𝘵𝘦𝘯𝘵. 𝘈𝘯𝘺 𝘤𝘰𝘯𝘵𝘦𝘯𝘵, 𝘭𝘪𝘯𝘬s, 𝘢𝘯𝘥/𝘰𝘳 𝘢𝘥𝘷𝘦𝘳𝘵𝘪𝘴𝘦𝘮𝘦𝘯𝘵𝘴 𝘴𝘩𝘰𝘶𝘭𝘥 𝘯𝘰𝘵 𝘣𝘦 𝘤𝘰𝘯𝘴𝘵𝘳𝘶𝘦𝘥 𝘢𝘴 𝘢𝘯 𝘦𝘯𝘥𝘰𝘳𝘴𝘦𝘮𝘦𝘯𝘵 𝘰𝘳 𝘳𝘦𝘤𝘰𝘮𝘮𝘦𝘯𝘥𝘢𝘵𝘪𝘰𝘯 𝘰𝘧 𝘢𝘯𝘺 𝘴𝘦𝘤𝘶𝘳𝘪𝘵𝘺, 𝘪𝘯𝘷𝘦𝘴𝘵𝘮𝘦𝘯𝘵, 𝘧𝘪𝘯𝘢𝘯𝘤𝘪𝘢𝘭 𝘪𝘯𝘴𝘵𝘳𝘶𝘮𝘦𝘯𝘵, 𝘰𝘳 𝘢𝘥𝘷𝘪𝘤𝘦 𝘦𝘯𝘤𝘰𝘶𝘯𝘵𝘦𝘳𝘦𝘥. ---- https://rfr.bz/la0otea
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𝗪𝗲𝗹𝗰𝗼𝗺𝗲 𝘁𝗼 𝗦𝘁𝗮𝘁𝗲-𝗥𝘂𝗻 𝗖𝗮𝗽𝗶𝘁𝗮𝗹𝗶𝘀𝗺 We’ve mentioned this before, but it bears repeating. It seems that investors pay as close attention to what the government is doing, as they do to actual business news. We don’t think investors are wrong to do this, but it’s only because government has become so big. The US has moved from a simple Keynesian-type model to what we call “State-Run Capitalism.” When the economy turns soft, a typical “Keynesian” (demand-side) response would be to boost the budget deficit or print more money. Now, the government is running permanent, and very large, deficits and using its budget ... 𝘊𝘓𝘐𝘊𝘒 𝘓𝘐𝘕𝘒 𝘈𝘛 𝘌𝘕𝘋 𝘖𝘍 𝘗𝘖𝘚𝘛 𝘛𝘖 𝘙𝘌𝘈𝘋 𝘖𝘕 ... 𝗳𝗿𝗼𝗺 𝗳𝘁𝗽𝗼𝗿𝘁𝗳𝗼𝗹𝗶𝗼𝘀.𝗰𝗼𝗺 Disclaimers: https://rfr.bz/la0oteb #WealthBuilding #FinancialServices #Investments #Bonds ---- 𝘕𝘖𝘛𝘌: 𝘛𝘩𝘦 𝘳𝘦𝘧𝘦𝘳𝘦𝘯𝘤𝘦𝘥 𝘢𝘳𝘵𝘪𝘤𝘭𝘦 𝘭𝘪𝘯𝘬 𝘵𝘢𝘬𝘦𝘴 𝘺𝘰𝘶 𝘵𝘰 𝘢 𝘵𝘩𝘪𝘳𝘥-𝘱𝘢𝘳𝘵𝘺 𝘤𝘰𝘯𝘵𝘦𝘯𝘵 𝘱𝘳𝘰𝘷𝘪𝘥𝘦𝘳 𝘸𝘩𝘦𝘳𝘦 𝘊𝘩𝘦𝘭𝘴𝘦𝘢 𝘍𝘪𝘯𝘢𝘯𝘤𝘪𝘢𝘭 𝘚𝘦𝘳𝘷𝘪𝘤𝘦𝘴 𝘥𝘰𝘦𝘴 𝘯𝘰𝘵 𝘩𝘢𝘷𝘦 𝘢𝘯𝘺 𝘤𝘰𝘯𝘵𝘳𝘰𝘭 𝘰𝘷𝘦𝘳 𝘵𝘩𝘦 𝘤𝘰𝘯𝘵𝘦𝘯𝘵. 𝘈𝘯𝘺 𝘤𝘰𝘯𝘵𝘦𝘯𝘵, 𝘭𝘪𝘯𝘬s, 𝘢𝘯𝘥/𝘰𝘳 𝘢𝘥𝘷𝘦𝘳𝘵𝘪𝘴𝘦𝘮𝘦𝘯𝘵𝘴 𝘴𝘩𝘰𝘶𝘭𝘥 𝘯𝘰𝘵 𝘣𝘦 𝘤𝘰𝘯𝘴𝘵𝘳𝘶𝘦𝘥 𝘢𝘴 𝘢𝘯 𝘦𝘯𝘥𝘰𝘳𝘴𝘦𝘮𝘦𝘯𝘵 𝘰𝘳 𝘳𝘦𝘤𝘰𝘮𝘮𝘦𝘯𝘥𝘢𝘵𝘪𝘰𝘯 𝘰𝘧 𝘢𝘯𝘺 𝘴𝘦𝘤𝘶𝘳𝘪𝘵𝘺, 𝘪𝘯𝘷𝘦𝘴𝘵𝘮𝘦𝘯𝘵, 𝘧𝘪𝘯𝘢𝘯𝘤𝘪𝘢𝘭 𝘪𝘯𝘴𝘵𝘳𝘶𝘮𝘦𝘯𝘵, 𝘰𝘳 𝘢𝘥𝘷𝘪𝘤𝘦 𝘦𝘯𝘤𝘰𝘶𝘯𝘵𝘦𝘳𝘦𝘥. ---- https://rfr.bz/la0otea
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𝗪𝗲𝗹𝗰𝗼𝗺𝗲 𝘁𝗼 𝗦𝘁𝗮𝘁𝗲-𝗥𝘂𝗻 𝗖𝗮𝗽𝗶𝘁𝗮𝗹𝗶𝘀𝗺 We’ve mentioned this before, but it bears repeating. It seems that investors pay as close attention to what the government is doing, as they do to actual business news. We don’t think investors are wrong to do this, but it’s only because government has become so big. The US has moved from a simple Keynesian-type model to what we call “State-Run Capitalism.” When the economy turns soft, a typical “Keynesian” (demand-side) response would be to boost the budget deficit or print more money. Now, the government is running permanent, and very large, deficits and using its budget ... 𝘊𝘓𝘐𝘊𝘒 𝘓𝘐𝘕𝘒 𝘈𝘛 𝘌𝘕𝘋 𝘖𝘍 𝘗𝘖𝘚𝘛 𝘛𝘖 𝘙𝘌𝘈𝘋 𝘖𝘕 ... 𝗳𝗿𝗼𝗺 𝗳𝘁𝗽𝗼𝗿𝘁𝗳𝗼𝗹𝗶𝗼𝘀.𝗰𝗼𝗺 Disclaimers: https://rfr.bz/la0oteb #WealthBuilding #FinancialServices #Investments #Bonds ---- 𝘕𝘖𝘛𝘌: 𝘛𝘩𝘦 𝘳𝘦𝘧𝘦𝘳𝘦𝘯𝘤𝘦𝘥 𝘢𝘳𝘵𝘪𝘤𝘭𝘦 𝘭𝘪𝘯𝘬 𝘵𝘢𝘬𝘦𝘴 𝘺𝘰𝘶 𝘵𝘰 𝘢 𝘵𝘩𝘪𝘳𝘥-𝘱𝘢𝘳𝘵𝘺 𝘤𝘰𝘯𝘵𝘦𝘯𝘵 𝘱𝘳𝘰𝘷𝘪𝘥𝘦𝘳 𝘸𝘩𝘦𝘳𝘦 𝘊𝘩𝘦𝘭𝘴𝘦𝘢 𝘍𝘪𝘯𝘢𝘯𝘤𝘪𝘢𝘭 𝘚𝘦𝘳𝘷𝘪𝘤𝘦𝘴 𝘥𝘰𝘦𝘴 𝘯𝘰𝘵 𝘩𝘢𝘷𝘦 𝘢𝘯𝘺 𝘤𝘰𝘯𝘵𝘳𝘰𝘭 𝘰𝘷𝘦𝘳 𝘵𝘩𝘦 𝘤𝘰𝘯𝘵𝘦𝘯𝘵. 𝘈𝘯𝘺 𝘤𝘰𝘯𝘵𝘦𝘯𝘵, 𝘭𝘪𝘯𝘬s, 𝘢𝘯𝘥/𝘰𝘳 𝘢𝘥𝘷𝘦𝘳𝘵𝘪𝘴𝘦𝘮𝘦𝘯𝘵𝘴 𝘴𝘩𝘰𝘶𝘭𝘥 𝘯𝘰𝘵 𝘣𝘦 𝘤𝘰𝘯𝘴𝘵𝘳𝘶𝘦𝘥 𝘢𝘴 𝘢𝘯 𝘦𝘯𝘥𝘰𝘳𝘴𝘦𝘮𝘦𝘯𝘵 𝘰𝘳 𝘳𝘦𝘤𝘰𝘮𝘮𝘦𝘯𝘥𝘢𝘵𝘪𝘰𝘯 𝘰𝘧 𝘢𝘯𝘺 𝘴𝘦𝘤𝘶𝘳𝘪𝘵𝘺, 𝘪𝘯𝘷𝘦𝘴𝘵𝘮𝘦𝘯𝘵, 𝘧𝘪𝘯𝘢𝘯𝘤𝘪𝘢𝘭 𝘪𝘯𝘴𝘵𝘳𝘶𝘮𝘦𝘯𝘵, 𝘰𝘳 𝘢𝘥𝘷𝘪𝘤𝘦 𝘦𝘯𝘤𝘰𝘶𝘯𝘵𝘦𝘳𝘦𝘥. ---- https://rfr.bz/la0otea
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Oaktree Capital Management, L.P.’s Howard Marks shares another insightful memo on the relationship of rates and investment returns. He argues the past ultra-low rates environment encouraged easy ‘malinvestments’ to be made as perceived opportunity cost was lowered, while riskier but more long term rewarding assets were not compensated enough for the risk. Today the elevated ‘normal’ rates environment allows smart investments to be made, and those that do not possess adequate qualities will crumble over time as interests eats into returns. Follow for more insights in Private Credit and alternative investment. #privatecredit #privateequity #goldmansachs #investmentbanking #alternativeinvestments #assetmanagement
In his latest memo, Howard Marks considers what financial history can teach us about periods of easy money, the impact they have on investor behavior, and what happens when they end. He analyzes macroeconomic trends using insights from Edward Chancellor’s latest book The Price of Time: The Real Story of Interest to argue that we’re unlikely to soon see the return of the permissive investment climate that prevailed in recent decades: https://lnkd.in/eyUsqhfE Click here to read and subscribe to memos from Howard Marks: https://lnkd.in/gppRhcA
Easy Money
oaktreecapital.com
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Managing Director at Alchemi Wealth LLC
2moTimely, thank you!