I've been selling off JNK this past week and now down to a $0 balance.
Interesting that LQD and TIP are the bond assets of choice. LQD is telling me higher growth and lower inflation are ahead, while TIP is saying the opposite.
They cancel each other out for a big fat '0'.
Gold is a hold with other currencies being cut back as the Yen explodes upwards.
The story this weak has been the collapse of growth expectations with inflation/deflation a mixed bag.
In a war setting one would expect inflation expectations to soar, but this hasn't happened...yet.
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