6.5% Rallies Only Occur in Bear Markets [View article]
Bonds are definitely looking "hot" right now, but what's the alternative for many risk-adverse investors? They've gotten slammed in the equity markets and have run with their losses in hand into the bond markets. What will hurt them the most is that if that bubble deflates then they have more losses & inflation to deal with.
6.5% Rallies Only Occur in Bear Markets [View article]