Re:Ask HN: What are your 2014 Predictions?
by rdl on Thursday January 02, 2014 @02:58AM
(#6998666)
Odd that the iBand seems like the most "important" of your predictions even though it's objectively something we could do without with no loss of capability from today. I guess that's the definition of being a nerd :) (as well as v long AAPL)
I'm curious if funds will have enough freedom of action to stay out of fixed income more than they otherwise would. I honestly have no idea why even a 50-65 year old now would put anywhere near the "traditional" levels of money into bonds; longer lifespans, prolonged low interest rate environment, and a diversified global equity market seem to make going underweight bonds, even with the risk of a 20% (or even 50%) market correction in equities, rational.
I think on Obamacare you're letting your desire for a good future override rational analysis of what's most likely. I believe healthcare reform is a good thing, and some of what's in Obamacare is good, but it is a big change, and has people actively opposing it, and hasn't been implemented with much competence, so we're going to end up with a clusterduck for the next year at least.
I'm curious if funds will have enough freedom of action to stay out of fixed income more than they otherwise would. I honestly have no idea why even a 50-65 year old now would put anywhere near the "traditional" levels of money into bonds; longer lifespans, prolonged low interest rate environment, and a diversified global equity market seem to make going underweight bonds, even with the risk of a 20% (or even 50%) market correction in equities, rational.
I think on Obamacare you're letting your desire for a good future override rational analysis of what's most likely. I believe healthcare reform is a good thing, and some of what's in Obamacare is good, but it is a big change, and has people actively opposing it, and hasn't been implemented with much competence, so we're going to end up with a clusterduck for the next year at least.