Why Some Say Investors Should Be Wary of Corporate Bonds
Treasury bonds offering similarly attractive yields with less risk are a safer bet should a recession hit.
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Treasury bonds offering similarly attractive yields with less risk are a safer bet should a recession hit.
If the credit markets start to price in an earnings recession, the case to own them will be more compelling… but it is clearly not today.
It’s clear to us the Fed was prematurely overconfident, risking more equity volatility, a more inverted yield curve and an ever-higher chance of a hard landing.
October capped their worst 12-month period ever, and the economy is under pressure. Yet the fundamental math of bond returns bodes well for 2023, our columnist says.
Instead of trying to time the market, our process looks for inflection points that will drive medium to longer term performance.