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Re: bigworld post# 739

Friday, 05/06/2022 1:03:10 PM

Friday, May 06, 2022 1:03:10 PM

Post# of 2599
Bigworld, Yes, in a market like this, probably best to just watch from the sidelines. Are you moving soon? It's great that you can work remotely. Hope your back has been healing well.

With the stock market, this afternoon should be interesting. The market has been so schizoid lately, many players are probably afraid to hold stocks over the weekend. 'Buy the dip' has been ingrained for so many years, but with inflation this high the Fed can't come to the rescue unless things get really bad, and a 15% drop in the S+P 500 probably doesn't qualify yet.

Btw, these short term Treasuries are a great low stress alternative, and at 2.7% the annual income adds up. It's great to finally have an alternative to the other asset classes. With rates stuck near zero, 'fixed income' hasn't been a viable option until recently.



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