September’s RAGE Gauge was little changed from the previous month. Fast forward for a moment and imagine where interest rates will be one year from today. Because yesterday, the Federal Reserve increased rates for the third time this year and the eighth since late 2015 and has basically said expect much more to come.
There is a Titanic like shift underway with bonds. Wait until corporate bond yields are at a level where finally you won’t need as much of the fois gras stock market, which has been force fed by the likes of Ben Bernanke et al. Imagine the competition stocks will face then, and you’ll have a clearer understanding as to why bonds need to be in your portfolio, pronto.
Originally posted on Yoursurvivalguy.com.
Latest posts by E.J. Smith (see all)
- Do You Have What it Takes to be a Great One? - February 15, 2019
- Is Your State Winning or Losing the Tax Game? - February 14, 2019
- Your Retirement Life: What States Did Americans Flee in 2018? Where Did They Go? - February 13, 2019