Discussion about this post

User's avatar
Brent Donnelly's avatar

Good comps to credit. Today is seasonal low for equities before the year end rip—especially in midterm years though 2018 was a notable exception.

Expand full comment
philip d's avatar

Hi Mr B, I know you’ve been warming to risk/reward in bonds. There seems to whispers of a possible FED easing off in the coming months and then even a pause as the FED as they evaluate the lagged effects on the economy. Powell eluded to this in his last press conference. Are bonds likely to bottom out as they start to reduce incremental raises to 50 or 25 points in your view (investors looking ahead)?

Looking back at the last 3 fed hiking cycles US 10 year treasury yields peaked 1-4 months before the terminal FED rate.

Expand full comment
19 more comments...

No posts