Central Markets by Robert Lloyd, CFA

The information contained herein has been obtained from sources believed to be reliable, but the accuracy of the  information cannot be guaranteed. All opinions and outlooks are subject to change.

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  • Robert Lloyd, CFA

Now That's A Knife!

Updated: Dec 19, 2021


Now that's a rate hike! Yikes!


Russia raised its overnight lending rate by 1.0% to 8.5%. Russian inflation running at 8.1%.


https://lnkd.in/eW5AYEMq




Ok, I'll be the first to admit: Russia is an emerging market, inflation has been a long-term problem there, and the Russian economy is does not have easy access to global cash flows like we do.


Yet, it is an example of a central bank CHASING the inflation problem and the bond market higher. This is the unspoken fear here in the US: what will the Fed do if interest rates begin marching higher. Inquiring minds want to know...


This is a low probability event for the US, but we have game plan in place for this possibility. Call us if you'd like to discuss.


Robert Lloyd, CFA®

Chief Investment Officer

Lloyds Intrepid Wealth Management

Lloyds Intrepid LLC is doing business as Lloyds Intrepid Wealth Management. Lloyds Intrepid LLC offers investment advisory services in the State of Texas where registered and in other jurisdictions where exempted. Registration does not imply a certain level of skill or training. Lloyds Intrepid LLC and its advisers do not provide legal, tax or accounting advice. Lloyds Intrepid LLC formulates retirement plans, investment strategies, portfolio construction and investment due diligence for clients with signed investment advisory agreements with us. The information contained herein has been obtained from sources believed to be reliable, but the accuracy of the information cannot be guaranteed. All opinions and outlooks are subject to change.


© 2021 Lloyds Intrepid LLC

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