Jeff Sica was quoted in The Wall Street Journal. To read the full story, please click here.
“The combination of deflationary fears and aggressive central-bank action has caused investors to accept the reality of negative-yield bonds.” An auction with a negative yield “signals a lack of confidence from investors that the economy will be growing in the short term.”
Jeffrey C. Sica is the President and Chief Investment Officer of Sica Wealth Management, LLC (“SWM”), an SEC registered investment adviser that maintains a principal place of business in the State of New Jersey. The information presented herein may not be suitable for all investors, and no portion of this commentary is to be construed as a solicitation to buy or sell a security, or the rendering of personalized investment, tax or legal advice. Past performance does not guarantee future results, as there can be no assurance the views and opinions expressed herein will come to pass. Investing involves risk, including the potential loss of principal. Please consult a financial professional prior to investing.