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Do Bonds Have Negative Real Yield?
Savings rate, this is a wacke chart, fell to the lowest level since december two thousand 17. People ask like, well, what upside? Do bonds have negative real yield? Are it fine? Do you want your entire portfolio in stocks and can fall ten % in a day? Exactly. This is why so much money is going into bonds, because people know this now. They know they need to have another piece of their portfolio regardless of inflation. The second yes, you can see we're the stimulus it for sure.