Timing The Recession With Mike Shedlock
Lead-Lag Live
00:00
Gold and Treasury Barbell
There's nothing wrong with being in cash and you know I've said that for a long time. Long-dated treasuries are a decent buy here but if you don't want that risk on short-term CDs or for three-year CDs or two-year CDs you get five percent guaranteed. If one just simply believes the market is overvalued there's nothing wrong at all with raising cash to avoid this kind of environment. Mike Shablock: We can talk to Eric Broad tomorrow about what happens next to the economy. Gary Broad: What would go against fiduciary responsibility here saying you know hey we needed to avoid this? The world's first network for food enthusiasts how you
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