Safe haven assets now offer a little less protection, here's why
You may already be familiar with the typical portfolio construction guidance, buying less cyclical or non-correlated assets can help protect your money in a crisis. That's generally true. Depending on the nature of the crisis different assets can offer more or less protection. However, the key to the message is to buy before the crisis hits for the real protective benefit. As it stands today, the level of market stress is elevated. This means that certain potentially protective assets are becoming richly valued relative to history.
7701 Las Colinas Blvd., Ste. 800, Irving, TX 75063