Every Friday, I like to take a step back and give you a snapshot of what’s inside my account and how I’m thinking about things.
U.S. Market Mood
Economic forecasts are about as reliable as weather forecasts. They aren’t always accurate and can change unexpectedly. Nevertheless, I find it helpful to at least have some sense for the season—is it the dead of winter or more like a calm spring?
Here’s how things might feel in the U.S. stock and bond markets over the next six months:
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