RE:RE:RE:RE:RE:RE:RE:RE:Monthly Averages a Russian GIC or a uranium junior with an off take and 20% ownership with a Chinese company. Not sure which is worse. JMO
Greenday wrote: @ 199930 - Hope you didn't buy a Russian GIC. lol Seriously though, fixed income instruments in a rising interest rate environment tend to be poor investements because the yield gets increasingly squeezed the further along the curve that the instrument extends.
The current economic backdrop is more similar to the 1970's than the stagflationary period in the early to mid 1980's as the unemployment rate has dropped from the covid highs. Relatively high inflation and relatively low unemployment is a case for holding hard assets and commodities imo.