Why You Shouldn't Buy Long Term Bonds

The fed is trying to get inflation under control. But it's going to fail. Inflations at a forty year high right now, nearly eight % and i'm predicting that it's going even high. Let me talk about interest rate risk. For each year of maturity a bond will lose one % for every one point rise in interust rates. When's the last time you saw the stock market fall 60 % of value? This is why i 've been telling you months get out of long term bonds. Frankly, i'm out of all bonds.