🌟🌟🌟If you woke up this morning, and felt a sinking sensation when you see a sea of red , you are not alone. The financial world is collectively enduring a massive macroeconomic panic attack.
Fresh US military strikes on Iranian targets have driven crude oil prices to a blistering USD 95 a barrel, supercharging a brutal worldwide bond rout that has pushed the Federal Reserve rate hike odds for September toward a staggering 70%.
This is exactly why it is good to put some money into $iShares 0-3 Month Treasury Bond ETF(SGOV.US). While tech stocks are taking a hit, SGOV is sitting perfectly flat. It is safely accumulating risk free monthly yields , waiting for the opportunity to buy quality stocks at a steep discount.
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