1.Great Rotation = Out of Treasuries, into Gold $Gold - main 2506(GCmain)$
The PBOC is busily buying up gold.
Why?
A: An increasingly hostile USA.
If you're the PBOC you *should* be rotating your FX reserves out of treasuries and into gold... Just makes rational sense.
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2.Forget measures like Volatility or the $Cboe Volatility Index(VIX)$ , the real measure of Risk for investors is this.
Even though stocks go up over the long-run, they can take large and extended forays to the downside.
(...aka what the finfluencers don't tell you about index investing!)
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3.Chinese Tech Stocks
-still cheap vs history
--a little cheaper now
-not as cheap as non-tech
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