You’re living through history folks. Never in history has there been negative rates. Never in history has a central bank been this powerful. We’re in the very description of “never seen before” and if anyone says they know how it all works out, they’re lying. Get more popcorn, this show ain’t over.
...don’t wait for a loved one to pass before going down memory lane. Do it while they’re still here. Enjoy the memories together. It’s a welcome break from the madness of this current world.
My guess is that we ARE going down to test that level. Whether it holds or not is anyone’s guess. But the play right now, is totally defensive.