Colin Lundgren
Colin Lundgren
bonds buy course experience fed later levels notion reverse subscribe
We're getting to levels now where to buy bonds you have to subscribe to the notion that the economy's going to experience a slowdown and the Fed may have to reverse course later in the year. We don't subscribe to that.
light prices trading
Trading is light and at such times prices can get bullied.
above asset bonds chatter form hear levels rates start
We're approaching levels in rates at which you'll start to hear more and more chatter about asset allocation trades, away form equities and into bonds. At or above 5%, bonds look interesting.
caused effort energy expect fed focus higher inflation massive rebuilding relief resources resulting risks strain
We expect the Fed to focus on the risks to higher inflation caused by higher energy prices, supply-chain disruptions and the strain on resources resulting from the massive rescue, relief and rebuilding effort now underway.
bond economic expect fed growth higher inflation prevailing push raise rates risks solid
We expect the combination of solid economic growth and higher inflation risks to push the Fed to raise rates higher than is implied by prevailing bond yields.
economy expect fed last less looking meetings outlook starting
The last 14 Fed meetings have been anticlimactic. The Fed came, they saw, they tightened and told us to expect more of the same. Looking ahead, things are starting to get more interesting. The outlook for economy now is less certain.
foreign investors yield
Foreign investors will still get a lot of yield comparatively in the U.S., so we could see them buying.