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Sea change: How to invest when cheap money is gone?
According to Memos from Howard Marks in Dec, we’ve gone from 2009-21 and maybe amid a sea change: Fed behavior from stimulative to tightenin Show More
According to Memos from Howard Marks in Dec, we’ve gone from 2009-21 and maybe amid a sea change: Fed behavior from stimulative to tightening, inflation from dormant to a 40-year high, and perspective returns from lowest ever to more than ample.
As for the outlook, he believes the base interest rate over the next several years is more likely to average 2-4% (i.e., not far from where it is now) than 0-2%. The investment strategies that worked best over those periods may not be the ones that outperform in the years ahead. (Source: tap here)
Do you believe that the environment will be different from that over the last 13 years?
Which stocks or other assets may benefit from the sea change?
Reward: 6 users sharing the best investment idea, orders, or positions will win 600 points!
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