Some clients think about it as a form of collision insurance, you don't know when you are going to have an accident, but you want it before you do. Bryce Doty More Quotes by Bryce Doty More Quotes From Bryce Doty Bonds sold off sharply this morning on fears of inflation, but then just settled in to wait-and-see mode. Bryce Doty company-news If those were to surprise to the upside that would cause an intense focus on inflation and a resulting spike in yields. Bryce Doty company-news I think the next couple of quarters could be really volatile, you need the markets to settle into a new equilibrium without this manipulated support from the Fed, which means a correction. The problem with corrections is that markets tend to over correct before they rebound. Bryce Doty company-news
