“My first boss told us, what’s obvious is obviously wrong. It’s already reflected in security prices. The world changes. And you’re only going to pick up on change if you’re opening your mind up to how things could be different, whether better or worse.” – Stanley Druckenmiller, famous investor
September is historically the worst performing month of the year, and this years’ version lived up to its reputation.
Pure Portfolios’ Chief Investment Officer, Nik Schuurmans, talks Treasury yields, bear markets similar to 2022, U.S. Dollar strength, and why the Fed might be done with 0.75% rate hikes.