by James Hickman
Schiff Sovereign
We recently received a question from a reader asking— given all the volatility in the market, what do we think of US government bonds right now as an asset class?
First, it’s absolutely true that there has been a sudden surge in uncertainty.
In some respects, it’s astonishing how much of this has emerged just over the last 6–8 weeks. Consumer sentiment, business sentiment, and investor confidence have all cratered since mid-February.
This is a very difficult environment in which to do business.
Companies have no idea what the world is going to look like, literally two days from now. That’s crazy.