Investing

Pandemic investing must embrace greater uncertainties

0


Certainty is always more abundant than accuracy on Wall Street. Well argued, data laden hypotheses support opinions that drive buyers and sellers.

A high-profile money manager and fellow talking head, Mr. I. M. Sureofmyself, was describing his view of how the economic and health care crisis would develop and unfold over the next six to 12 months. He offered an articulate, rational, clear vision of the path ahead. 

He argued that cash and bonds are unattractive asset classes in today’s environment. He says that in response to Covid-19, the Federal Reserve and federal government have so dramatically suppressed interest rates and ballooned the money supply that inflation will soon return…



Source cnbc.com

US retail sales plunge a record 16.4% in April 2020

Previous article

‘Car-free zones’ launching in London to radically change travel

Next article

You may also like

Leave a Reply

avatar
  Subscribe  
Notify of

More in Investing