Start With A Large Snowball And Roll It Slowly But Surely

FotoDuets/iStock via Getty Images Since the Fed started to increase the interest rates in 2022, the yield chasing investors have finally accessed a better option space to cherry pick assets at meaningful yields without assuming too much of a risk. Higher interest rates have imposed a downward pressure on the valuations of duration-heavy assets such as fixed income, preferred stocks and value equities, where the cash flows are relatively stable / fixed. For example, I remember that before the outbreak of ...