Great piece, as usual. I’m right there with you on my thinking about bonds. I’ve had a small tactical exposure to long duration treasuries since June but it’s looking like I’ll be stopped out for no gain.
My concentration in my day job recently has been to beat the drum of creativity to my students (student managed investment fund). In these times they find theirselves in a boring 60/40 is not going to generate outperformance. They need to blast through the sides of the box. I’m going to share this write up with them and hopefully some will take it and run with it.
Great piece, as usual. I’m right there with you on my thinking about bonds. I’ve had a small tactical exposure to long duration treasuries since June but it’s looking like I’ll be stopped out for no gain.
My concentration in my day job recently has been to beat the drum of creativity to my students (student managed investment fund). In these times they find theirselves in a boring 60/40 is not going to generate outperformance. They need to blast through the sides of the box. I’m going to share this write up with them and hopefully some will take it and run with it.