Trades: Pulling the Trigger / Long Bonds
We are in it
Today was a significant day
Why? Because there was clear confirmation that we are in goldilocks. What does that mean? It means a regime where growth is resilient, inflation is falling and cuts are on the table.
Cuts are on the table because of a fall in inflation, NOT because the world is falling apart.
How long will this last? We don’t know but I provided the signal to go long bonds and long a number of other assets.
This does not mean that the most difficult part is behind us. Managing the next 3 months will be critical for portfolios! Let’s break it down further!