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Which class should perform falling off the cliff?
Posted: Thu Dec 27, 2012 9:36 am
by mmaurice
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?
Re: Which class should perform falling off the cliff?
Posted: Thu Dec 27, 2012 9:51 am
by TripleB
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?
Posted: Thu Dec 27, 2012 9:53 am
by AdamA
mmaurice wrote:
Which class performed the best in August 2011 when we had the debt ceiling crisis?
Bonds.
Re: Which class should perform falling off the cliff?
Posted: Thu Dec 27, 2012 10:02 am
by melveyr
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.
Re: Which class should perform falling off the cliff?
Posted: Thu Dec 27, 2012 10:33 am
by Peak2Trough
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.
I'll second that.
Re: Which class should perform falling off the cliff?
Posted: Thu Dec 27, 2012 10:57 am
by craigr