GRMN, SKX: Investors Are Now “Paid To Wait”

Investors are now “paid to wait” as I like to say in the corporate bond market offers yields of 6-10% depending on credit quality and maturity, notes Mark Travis. He discusses investment trends in a high-rate environment. He talks about how in the equity market he looks for “private companies that trade publicly.” He also goes over how this discount rate has a pernicious effect on financial assets, the higher the discount rate, the lower the present value for all financial assets, stocks, bonds, real estate, etc. He then looks at his stock picks Garmin (GRMN) and Skechers (SKX). Tune in to find out more about the stock market today.