Tuesday, February 13, 2018

We could see 4% on bonds within 18 months


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"I wouldn’t want to tie my money up for 3% for the next 30 years. There are wonderful little enterprises, wonderful little equities [and] wonderful ETFs that are listed on the New York Stock Exchange that yield 7%, 8%, 9% with a short-term duration. I think that people have to take some scrutiny as to what’s going on and take some defensive actions. I think otherwise they’d be ill advised and I think they’d be upset six months to a year from now."