Climbing the Wall of Worry: >76% portfolio YTD performance and new picks
October 13th, 2024 - Update
Last week, inflation came in worse than expected, creating some level of panic in the markets. Then on Friday, we had better-than-expected Producer Price Inflation, which calmed the markets.
The 10-year Treasury yield, which is very sensitive to changes in inflation expectations, has been rising since mid-September.
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