TSX:AX.PR.E - Post by User
Comment by
Torontojayon Apr 19, 2024 8:03am
54 Views
Post# 35997598
RE:RE:RE:HIKES!
RE:RE:RE:HIKES!
garyreins wrote: I expected 6 cuts because the bond market should be smart!
Gary, it's very important to be nimble as an investor. We get new information every day that changes our outlook and investment strategies. Nobody has a crystal ball that can make perfectly timed decisions. It's all about probabilities and trying to make more "right" decisions than wrong decisions.
The probability of success depends on your time horizon. If someone asks you to predict the CPI one month from now they are just as likely to be wrong than right. If you ask the same person one year from now, they are more likely to get it right with less dispersion from the actual results.