No. of Recommendations: 5
For years now, the market has been very complicated for this very vanilla investor at what is a risk off time in our lives.
Well, the risk of money market funds is admittedly low, but T-bills is lower, so why not?. We are living in interesting times, and I'm not speaking of tariffs.
Fun kinda-humorous-but-kinda-true article at the Financial Times, from which I selected a few sentences
"Advice to shell-shocked Americans from Brexit Britain
Britons are skilled at navigating the humiliation unleashed by political and market chaos — allow us to give you some tips
...
The foreign policy, the deportations, the assaults on free speech and the rule of law are horrifying. But the economic self-harm is, to us, fair game for taking the mickey. Horrified Americans, I am here to tell you: I feel your pain. Britons know what you are going through, and we are skilled at navigating this humiliation. Allow me to give you some tips.
...[a few examples of the humiliation rational Brits have faced resulting from Brexit]...
Third, without wishing to stereotype too much, Americans are generally natural optimists, plus history has conditioned them into thinking the mighty US of A will always spring back, stronger than ever. You need to understand this is not necessarily the case. You’ve had a good run at operating the world’s most important currency, most vibrant stock market, most crucial bonds. This is now in genuine peril. We’re not just joking with you. Be humble. Britons had to learn the hard way that we just don’t matter that much and now, maybe you do too."
Jim
