3 ms·
5.4% is a solid return. Given that the treasury department has initiated treasury buybacks, it's a solid guarantee that rates are not going anytime lower accord
by ganeshkrishnan 2y ago
5.4% is a solid return. Given that the treasury department has initiated treasury buybacks, it's a solid guarantee that rates are not going anytime lower according to their own calculations perhaps even throwing in the towel about trying to fight inflation.
S&P has overshot even the most optimistic projects of 2023 by over 15(?)% and Apple is only going up due to buybacks.
No wonder Buffett is selling his apple shares and putting them into T bills and notes.