Which asset class do you think will perform best as we go over the cliff? Stocks? Bonds? Gold? Cash?
Which class performed the best in August 2011 when we had the debt ceiling crisis?
Which class should perform falling off the cliff?
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Re: Which class should perform falling off the cliff?
No one knows what will perform going forward because the market may have already priced the fiscal cliff in. That's why we use the PP, because we don't know.
Re: Which class should perform falling off the cliff?
Bonds.mmaurice wrote: Which class performed the best in August 2011 when we had the debt ceiling crisis?
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Re: Which class should perform falling off the cliff?
If we go over the cliff in a nasty way LLT will shoot up, stocks will shoot down, and gold is a wild card depending on how bernanke responds, but it would probably move down because bernanke is out of policy ammo.
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Re: Which class should perform falling off the cliff?
I'll second that.melveyr wrote: If we go over the cliff in a nasty way LLT will shoot up, stocks will shoot down, and gold is a wild card depending on how bernanke responds, but it would probably move down because bernanke is out of policy ammo.