Absolutely agree: US stocks got clobbered, long-term treasury bonds got clobbered, and the DXY got clobbered. In summary, investors are fleeing US assets. And as Jason has correctly pointed for several months now, this secular shifts tend to shape the investment landscape for 10-15 years. The name of the game now is gold, commodities, currencies and international stocks. I particularly prefer gold and commodities, as they are scarce assets, and therefore they will not be negatively affected by any monetary inflation which occurs in relation to such for foreign currencies (which ultimately kills the international stocks of such foreign countries).
Absolutely agree: US stocks got clobbered, long-term treasury bonds got clobbered, and the DXY got clobbered. In summary, investors are fleeing US assets. And as Jason has correctly pointed for several months now, this secular shifts tend to shape the investment landscape for 10-15 years. The name of the game now is gold, commodities, currencies and international stocks. I particularly prefer gold and commodities, as they are scarce assets, and therefore they will not be negatively affected by any monetary inflation which occurs in relation to such for foreign currencies (which ultimately kills the international stocks of such foreign countries).
So many trades this year, it’s almost overwhelming.