Lagunaes
Market instability is the biggest risk to central banks globally, replacing inflation, owing to massive amounts of leverage. So far, the US Federal Reserve is fortunate because there’s low volatility in the stock market SPX, -2.11%, even though there’s a bear market. Market stability affords the Fed the space needed for the most aggressive rate-hiking […]
The stock market has been spooked by rising interest rates. Let’s think carefully, from a value investing standpoint, about these fears. Warren Buffett famously argued that investors should think of stocks as “disguised bonds,” in that stocks pay dividends, analogous to the coupons paid by bonds, and can be valued similarly. Bonds are routinely valued […]