Keeping rates higher for longer would be the right thing to do. But it turns out that the Fed will likely join the political fray in September with a rate cut. What bond investors need to understand is the market decides interest rates for bonds, not just the Fed. Now’s a good time to get your bond house in order.
Recent retail sales numbers imply the juice has been squeezed from the lemon, and Americans are running out of savings, credit, or the will to spend it.
Action Line: If you need help getting your bond house in order, I’m here. In the meantime, click here to subscribe to my free monthly Survive & Thrive letter.
Originally posted on Your Survival Guy.
