The Fed is leaving the Fed Funds rate near zero but it is cutting back its bond-buying program by $10 billion to $65 billion a month.
The Oracle has shifted to a bond portfolio with shorter maturities as inflation weighs on his mind.
There are two reasons to own fixed-income securities: safety and income. Too bad yields are so low that income isn't a viable reason right now.
Use TIPS to protect your diversified portfolio against future inflation.
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