Investors should set goals and segregate investments into long and short term portfolios. Long-term portfolio should have positive risk-adjusted return.
"The Indian equity markets have seen a significant rally, driven by favorable macro and micro factors, continuous inflows by FIIs, and strong retail participation. However, the market s continued rally has led to elevated valuations, and there is a belief that significant upside may be limited for some time. Investors are advised to keep some cash margin in their short-term portfolios, take profits from expensive stocks, and look for better entry points. "
5% Mortgages are back. 30-year notes have dipped from 190 in 2020 to 145 this morning and that s down 23.6% in two years – horrific losses for the long-term bond market but what sort of idiot was lending the Government money for 30 years at 1.25% anyway?
Powell emphasized we have maybe two half-point hikes ahead of us and the market loves it this morning! Yield curves are flat, which reliably predict every recession – gotta love that! 3.5M people have left Ukraine, causing a refugee crisis in the rest of the World – more love. One-month anniversary of a war that s getting worse – love it.
WAR!!! What is it good for? Well it s great for commodities as Oil (/CL) has jumped up to test $100 per barrell and Gasoline (/RB) has popped over $3 and Natural Gas (/NG) is surprisingly lagging at $4.83 – but it will get there shortly (we played it long at $4.57 in yesterday s Live Member Chat Room).