Anyway better chance than spx advancing 5% in 6 months.
Edited by pdx5, 22 February 2023 - 04:33 PM.
Posted 22 February 2023 - 04:28 PM
Edited by pdx5, 22 February 2023 - 04:33 PM.
Posted 22 February 2023 - 04:32 PM
5%+ on 6 month treasuries with no chance of serious loss of capital.
Anyway better than spx advancing 5% in 6 months.
Yeah....who the heck is buying Utes that have just had a full on bubble run at 3%, when that alternative is out there...
Somehow I think the 5% prints of the last few days "might" be the turning point in psychology....
Edited by K Wave, 22 February 2023 - 04:33 PM.
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Posted 22 February 2023 - 04:39 PM
Posted 22 February 2023 - 04:48 PM
They been told Utes are "defensive" and brokers make more commission selling stocks. One can buy treasuries on treasuries direct . Com with no commission.
Yes they are defensive up to a point...but in the final BIG legs of bears, they lead the way down....last to the party, but they know how to make up for lost time!
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy