After the first 50 basis points rate cut in September, it all seemed that the Fed was going to lower the rate steadily and consistently. However, with a still strong labor market, somewhat sticky inflation, and a prospect of a massive global trade
SGOV: Especially Useful For Uncertain Times
Summary
- The economic and rate outlook is getting increasingly more uncertain, and short-term bonds look like a solid option in such an environment.
- iShares 0-3 Month Treasury Bond ETF is one of the best options among short-term treasury ETFs.
- I give SGOV a "Buy" rating.
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