PCBL: Special Bet

Next week we have an election and the Fed’s  decision on interest rates. My indictors weakened substantially last week.  I am in cash and TBIL in my trading accounts. TBIL  is an ETF that holds 1-3 month treasury bills. The pundits do not agree on the market’s near term direction. As the saying goes, you…

Source: Financial Times Source link

There’s an old joke in the finance circles that goes something like this: If you’re on the hunt for a top-notch accountant, simply pop them the question, “How much does one plus one equal?” The real pro will usher you into a room, seal the doors, draw the curtains, and after a thorough pat-down to…

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