May. 6 at 12:57 AM
$SPY $TLT $BND $IGIB $KORP
A lot of good data from Wolf in this article.
The final chart is simply brutal.
This chart basically says it all.
Not only are we a debt ridden country, businesses and individuals are maxed out.
Can the market move higher, yes it can, but I’m
still going to continue restructuring my portfolio and taking profits this year and rotating to the out of favor bond market.
For me, the upside risk has to be countered with more fixed income.
By accumulating short/mid/long dated bond and treasuries, it will allow some drawdown protection.
I’m up to about 19% fixed income now.
Accumulating:
BGT
BND
BNDX
IGIB
KORP
SCHP
SGOV
TLT
VGSH
I’m also holding these below, but they will be sold this month.
DLY
NUV
RFI
End goal
30% fixed income and for the summer, I might move an extra 10% into SGOV?
25-30% miners
20-25% energy
10% food producers
https://wolfstreet.com/2026/04/30/without-government-spending-trade-gdp-rose-by-2-5-in-q1-boosted-by-ai-investments/
