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RE: TIB: Today I Bought (and Sold) - An Investors Journal #421 - TV Streaming, US Banks, Semiconductors, US Technology, Oil Shipping, US Insurance, Bitcoin, Ethereum
I heard about the relative strength of insurance companies so far this year which may be an interesting position that does not seem to be crowded. I wonder if it could hold if rates continue to weaken though.
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I have certainly noticed that in European insurance. Weakening rates are good for insurance companies as they are required to hold set percentages of fixed interest securities. falling rates equals capital growth.
I have been holding AIG and GNW for ages - doing nothing and I have become impatient. I am holding a few of the insurance ETFs (KIE and IAK) which have held together in the down drafts.