RE:RE:RE:Soft US CPI# is good news... short termLifecos backing up again and markets seem to be looking ahead to lower interest rates .. and belief that lifecos will suffer. I have been stopped out on LFE and no longer have shares. BUT very likely could reenter again lower for the ride back up.
Certainly higher for longer was the operative word of late, but a year ago rate cuts in the US were a certainty and pushed the banks higher. They were of course very wrong, as 2024 has seen not one as yet, never mind the 2 or 3 that were expected to have happened already.
I am in cash and looking for a good value that pays decent distributions...and in no hurry to dive back in bigtime...a lot can happen in 2 weeks going into ex divvy dates on the split funds...