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spartex

04/15/24 10:35 PM

#382879 RE: 2018trader #382873

Right now I'm 100% in fixed income so I can sleep better at night as multiple little gray swans erupt around the word, and the Fed needs to stay firm until the US economy cracks. Otherwise, Inflation will persist in the 3ish to more 4% range. US will have a challenging time servicing their debt, as well small companies and parts of the mortgage/commercial real estate area. I'm on the edge of retirement so I need to be very careful not, and as a friend who understands markets and inflation (from working in the 80's), said, "hey, don't be cute". I respect his judgement and am also understanding his caution more and more each day. The one positive is Generative AI and the fact that the US is still a pro- venture capital market. That said, the many issues of inflation, geopolitical tensions/wars, and US debt issues looming along with entitlement programs and Social Security reaching unsustainable levels yields a dour outlook!
Bearish
Bearish