Comment by
SONOFFERGUS on Jun 03, 2024 12:44pm
LFG! IMHO, if ZIRP is truly dead and buried and rates normalize at levels that give fixed income a fair return -- which I believe will be the case -- prefs can run higher for longer and should vie for best asset class in 2024 and hopefully, a less volative space in future years.
Comment by
pierrelebel on Jun 03, 2024 12:55pm
Thank you wynner for the link. Of course I totally agree with his line: "... we continue to view preferred shares as an important component within a diversified portfolio"
Comment by
Carena on Jun 04, 2024 2:26pm
Hi Wynner, Thanks for the Link ....I have enjoyed Ryan Lewenza's commentaries for years....he is an excellent guy to read or listen to. I bought my first rate reset pref shares in 2012 and never dreamed these would be such volatile securities. Nonetheless, they have been a great and rewarding ride. Carena