3 ms·
In 2000 this best trade was not to short stocks (too hard to time) but to go long safe haven assets (treasury bonds) for a much smoother ride. However this time
by Tycho 11y ago
In 2000 this best trade was not to short stocks (too hard to time) but to go long safe haven assets (treasury bonds) for a much smoother ride. However this time around that might not work with the Fed wanting to raise rates(which would hurt bonds).
- Hermel 11y agoIt might exactly work because a rate raise is expected. That way, you can make a gain twice. First due to the flight into safe haven assets, and then again when the raise hike is postponed again and again. (Just a scenario. :) )