No change for the month of March as the stock market continues to stay buoyant.
Invert yield curves are backed in limelight and the market did a selloff briefly. It seems that investor are already numb to the news and the market recovers quickly. A inverted yield curve does not means that a recession is imminent. The duration of curve being inverted is also one of the factors for consideration. Even if a recession is coming, there is an average lead time of around 300 days based on past history so it may not be so soon. It could be next week or next year. In gist, I think predicting a recession is as hard as guessing 4D numbers so I will continue to stay vested.
Portfolio AllocationChange Log
Added April issue of SSBsSince the cash payout from M1 were not utilized, I
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