With interest rates rising does it still make sense to own bonds? Yes. This episode explores the role of bonds including why they are more effective at hedging stock losses than protective put options.
Topics covered include:
David's business and investment philosophy
How bond funds have performed in 2021
Three disparate views on the direction of interest rates from Capital Economics, Ray Dalio, and Hoisington Investment Management Company
How to invest in China bonds
Why owning bonds is cheaper and more effective at hedging stock market losses than put options
How covered call strategies work
How to decide on your allocation to bonds versus stocks
