(Bloomberg) - Jamie Dimon said interest rates may climb much further, a warning to bond investors at a time when yields have touched multi-year highs.“They could be much higher than they are today,” the chairman and chief executive of JPMorgan Chase & Co. said in an interview with Bloomberg Television. “We may have gone from a saving glut to not enough savings.”
It's been a scary season for fixed-income investors who hoped that locking in yields below inflation would provide at least a little comfort from the uncertainty of equities. There's good news for those who hold bonds to maturity, provided that the coupons are high enough.
Everything makes sense in hindsight, a fact that financial pundits exploit every evening as they offer convincing accounts of the day’s events. And we cannot suppress the powerful intuition that what makes sense in hindsight today was predictable yesterday. The illusion that we understand the past fosters overconfidence in our ability to predict the future.
The episode explores how UX Wealth Partners employs its technology to offer solutions that go beyond traditional asset management platforms, providing tools and resources aimed at improving operational efficiency, client engagement, and business growth for financial advisors.
