2023 Has Been Good to Me, But it Jiggered my Allocation
The niceness of this years markets have jiggered my Allocation enough to warrant notification. This is the current reality:
Fund Allocation:
- G 31% - It is earning 5%, which is an OK return in a 3.2% inflation environment.
- F 0% - Just read a word salad AI robot article. But, one fact stood out: Market makers are covering for reduced demand for US Bonds. Not good.
- C 27% - Statist love Big Business
- S 26% - Gridlock loves Small Business. Glorious.
- I 16% - I'll blame my Financial Advisor if this craps out, but it hasn't - so, the Sun God Lion favors him
The AI word salad report also mentions that when the market makers stop their above normal buying of US bonds the FED will pick up the slack. The Treasury apparently needs to sell something like $10 Trillion in new bonds/treasuries to recycle old debt and to cover the expected 2024 splurge. Do I think the FED will buy if the market does not? Uh, nope. Expect higher interest rates. They ain't going to buy this crap to support gubmint spending. They don't have to. However, if one can time this 'Epic Fail' by our imbecilic betters - who are voted in because we voters are rather dumb too - will make loads of easy and safe money. However, if you buy now you will have your lunch money taken. 2022 and 2023 have been horrid for the F Fund, expect the same for 2024 if these morons we have voted into office continue to believe that if they increase the debt limit anyone will care.
Lookin' up at the 'G Fund'!!!
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