My wife and I are reviewing our positions for 2024 and like every year expect to reposition some assets.
Events around the world and the speed at which we receive information and news can be overwhelming at times. I often have to remind myself of the long game and my reasoning six months in the rearview mirror. I write a lot more stuff down than I used to.
I recently watched an interview that conveyed that investors are holding approximately 6 trillion in cash. I am making an assumption that the vast majority of that $ is by folks who actively manage their money and at some point, will expose those dollars to more risk.
The Fed, for now, seems content to leave interests rates at current levels and have not indicated that further interests' rates are coming. If one believes that we are only in a pause, then holding the line is prudent. If one was to believe that they have done enough and that the next move, whether 1 month or 6 months from now, is to cut interests' rates then a rebalancing of cash vs. risk makes sense. And honestly, sooner rather than later.
Just more minutia as we position ourselves for the NEW YEAR.
... although maybe not an issue in the next few days...
