Oh, and by the way, always giving glory to our Lord, Jesus Christ! He comes first. Always.
Isn’t it interesting, though, that “systemic risk” only seems to apply to banks?
You never heard these officials say that baby formula shortages pose systemic risk. Or that inflation itself is a systemic risk. Or that dwindling US oil production is a system risk.
Yet whenever the banks and their somnambulant regulators fail, they call it “systemic risk” and pull out all the stops to save them.
Energy companies, on the other hand, which produce the very thing that all economic activity requires, are tossed out in the cold and demonized at every available opportunity by the President of the United States. It’s bizarre logic.
https://www.zerohedge.com/markets/simon-black-i-love-how-everyone-pretends-bank-crisis-over
Ed McQuarrie talks the REAL History of Stocks and Bond performance.
Worried About a Stock Market Crash? Here’s What You Should Be Worried About Instead. - Barron's https://share.google/zxmc1t7eE4TLrdHPh
Read this article from Barron's
https://www.morningstar.com/portfolios/when-it-comes-bonds-dont-be-hero
Interesting article on bond allocation, short term needs for retirement are better to be in a money market account up to two years of spending and up to ten years in a high quality active bond fund. Also active bonds have outperformed index bond funds by one percent
