Markets appear stable. Do we trust it? Can we trust it? Of course not.
We need to restore confidence by preparing for the worst and recognizing the seriousness of Covid-19.
A look at GLD and the Fidelity Select Gold Portfolio fund.
During the Financial Crisis, the bailouts were politically toxic. Today, not providing this kind of stimulus will be politically toxic.
Right now there are two scenarios that get us to risk-on mode.
Sentiment on U.S. stocks has changed, and you need to plan accordingly.
Would love to know if Warren Buffett is adding here, or keeping his powder dry. Would simply love to know.
And the bond market isn't saying encouraging things just now.
Here's the tool I've relied on for years to make sense of the market in times of chaos like now.
If you haven't bought into Treasuries yet, now is not the time to do it.