“If you’re buying bonds, you’re expecting the stock market or the economy to crash. You’re not buying bonds for income.”
So says John O’Connell in the final instalment of our 2021 Lookahead conversation between the Chairman and CEO of Davis Rea Investment Counsel, and his colleague and President of the firm, Zachary Curry.
They also explain why investors need to look through any impending market correction, and why having a bit of cash in your jeans is never a bad strategy.
Related stories: Curbing Your Enthusiasm & The Prospect of President Harris – Parts 3 & 4