More reason to buy undervalued BTRParts of TEAM E mail
The traditional 60/40 stock/bond portfolio is down 20%, the worst performance since 1931
Global Debt now tops $305 trillion – or 350% of global GDP
The UK £ hit a 37-year low against the US dollar
Unfunded US State pension liabilities total $8.28 trillion
Growing geopolitical tensions include threats of nuclear weapons in the Ukrainian conflict and the Chinese takeover of Taiwan.
Canadains note - Canada’s central bank rate is up 1500% since March 1st.
If you thought 2022 was chaotic, volatile, and dangerous to your financial health – you’re right. But 2023 will be worse.
The European Union energy crisis will be worse. Interest rates will be higher, which will cause major problems for individuals, companies, and governments with record debt. China’s incursion into Taiwan isn’t a matter of “if” but “when” with many experts believing that the timetable has been moved up now that Xi Jinping has been elected for life. ............................................................left out . 3 stock gems that have been taken down in the market decline and now offer great value. This year we continue that theme with a focus on energy. Balance left out . Another pick !
Me again - Many reasons to buy BTR , including currency devaluation , property declines , subprime , on and on .
As fryman posted here ( before I stole it HA ! ) Value is what you get . Price is what you pay !