McMurtry Investment Report & Model Portfolios

Interest Rates have peaked. Reduce short term cash and extend bond maturities

December 5, 2023

Interest rates and inflation have peaked in the US.

This has resulted in a peaking of the US dollar globally.

Do not remain in short term cash.  Extend bond maturity as economy slows down.

Despite their current yields, avoid investing in GIC’s. The lack of liquidity is a real problem and there is a reinvestment risk owning them with rates declining.

Leave a comment

Your email address will not be published. Required fields are marked *