The bond markets are starting to factor in the dangerous combination of rising interest rates as well as profit weakness in several sectors. The U.S. distress ratio - a measure of the amount of risk the market has priced into bonds - hit 20.1% in November, which is the highest level since hitting 23.5% in September 2009, says S&P. That's an onerous indicator since September 2009 takes investors back to the last recession.
Another highest-since-2009... i am at least 6 months from moving my money from oil to equities and thats only if stocks start crashing now. I will probably want to buy stocks within a year. Im already up about 25% with my oil trade so maybe it will be closer to a 50% gain by the time i transfer it over to equities. It will be fun to swoop in and grab a bunch of cheap, post crash equities. I guess im kinda boring if that is fun to me.
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