REGIME CHANGE: Fixed Income Investing After a 40-Year Bull Market

Kindle Edition or EPUB + Converted PDF نویسندگان: Lawrence Gillum
جزئیات
فرمت: Kindle Edition or EPUB + Converted PDF تاریخ انتشار نسخه الکترونیکی : August 4, 2026
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لینک: https://www.amazon.com/dp/B0HCT2FDHB
توضیحات
For four decades, falling interest rates did the work, and a generation of investors mistook the tailwind for skill. In 2022 the tide reversed, bonds suffered their worst year in modern memory, and the borrowed applause stopped. What remains is the thing fixed income was always for: income.Regime Change is the practitioner's case that higher-for-longer is structural, not cyclical, and that it is the best thing to happen to income investors in forty years. You do not need rates to fall. You need only to be paid to wait, and at last you are.The hare still runs on capital gains. The tortoise collects the carry, reinvests it, and lets itcompound. This is a book about being the tortoise.
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