Oh, and by the way, always giving glory to our Lord, Jesus Christ! He comes first. Always.
A guy emailed me a list of highly rated long term bonds. Prices in low 70s! Meaning you're getting nearly a 6% Current Yield.
yes, taxed as ordinary income. ummmm. that's a problem??? Not in my book, unless you need to keep your income low to qualify for Obamacare or something else. In that case buy 'em in your IRA or Roth.
Couldn't agree more with what this guy writes:
"You have to get creatively gloomy to envision a future in which long-term bond yields go much higher from here, which is not to say that it’s impossible. You have to believe, for instance, that inflation expectations have become truly unanchored and that the US is heading for a wage-price spiral — that inflation has infected the national mindset and workers will start demanding raises, which employers will reluctantly deliver by raising prices. Not only that, but you have to assume that the Fed lacks the spine or tools to address the problem."
Ed McQuarrie talks the REAL History of Stocks and Bond performance.
We're taking my son to his Introduction to Auburn event at Auburn University.
we'll see you next week though!
In the meantime, a white paper I'm reading.
"This study validates...that the implementation of (China's) Five Year Plan was followed by a significant production expansion in the encouraged sectors of China. This expansion crowds out production in the same sectors in the US, leading to significant drops in both employment and investments and a notable increase in plant closures."
But it's TRUMP that started the trade war, eh?
sorry folks gotta move all this mulch by this weekend.
WE're preparing for my son Cavan's high school graduation party. So, it's a BIT hectic here to make sure everything is in place...
If it was me, I'd grill burgers and sit on coolers full of water. But apparently I'm not in charge. Who knew?
