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In Search of Safe Havens: The Trust Deficit and Risk-free Investments!

Musings on Markets

I was reminded of that paper a few weeks ago, when Fitch downgraded the US, from AAA to AA+, a relatively minor shift, but one with significant psychological consequences for investors in the largest economy in the world, whose currency still dominates global transactions. and the reverse will occur, when risk-free rates drop.

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Transcript: Stephen Suttmeier

Barry Ritholtz

And economic indicators, like the unemployment rate or the claims data, and you know, we actually did some scenario analysis around that recently, just talking about, Hey, what happens if the employment rate rises versus falls? Safe harbor harbor here, a little apo apocalyptic currency. And you take your absolute price.