Published on 24 Oct 2023 on ETF Trends via Yahoo Finance
This article was originally published on ETFTrends.com.
Hello, VettaFi Voices! The Wall Street Journal mentioned today that the 10-year Treasury yield is the highest it's been since 2007 as we head into another earnings season. Rates are on everyone's mind. They've risen from essentially zero to over 5% in less than two years. But even though mortgage rates continue to rise, housing prices are still high. And today we learned that September's inflation rate came in higher than expected. There's likely another rate hike coming along before the end of the year. We don't have any investments banks collapsing yet, at least.
Should investors be positioning themselves in a similar way to what would have worked best during the 2008 crash? If not, how should they be adjusting their portfolios, if at all? Is a soft landing still possible? Is the Fed's rate-hiking regime doing what it's supposed to do?