Market Ethos - July 23rd, 2018


Get Shortie


In this edition we revisit our view on bond yields / inflation concerns. There is a balancing act on the inflation front at the moment and we believe the market is not pricing in the risk of building inflationary pressures. Once again, keep those durations short.


Also included is some history, that bonds were not nearly as good a portfolio diversifier in decades past when inflation was an issue for markets.