My 3-Day Rule for COVID 3.0 Volatility
Kiplinger's Personal Finance|February 2022
My three-day rule states that upon any news-driven market crisis, wait three business days to move money.
Jeffrey R. Kosnett
My 3-Day Rule for COVID 3.0 Volatility

Anyone who spent the weekend after Thanksgiving pondering risk from Black Friday’s Omicron shock benefited by standing pat. Bond markets rallied all week despite the Federal Reserve’s decision to quicken the pace of winding down its extraordinary bond and mortgage buying, thereby allowing long- and mediumterm interest rates to float freely. That was supposed to slam bond values. Wrong-o. Oil prices tanked, a positive sign if you are afraid of inflation.

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