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Not buying the so-called "great rotation" out of bonds into stocks is JPMorgan's Eric Bernstein,...

Not buying the so-called "great rotation" out of bonds into stocks is JPMorgan's Eric Bernstein, who says fixed income's biggest fans - pension funds, insurance companies, and central banks - aren't just suddenly going to become stock investors. He expects continued moderate tightening of spreads.
Comments (3)
  • Its probably just Central Banks now...or will be soon...as they will be buying it all
    4 Feb 2013, 12:43 PM Reply Like
  • The only "great rotation" we're going to see is the stock market moving south in stead of north. Cannot believe this bs carries such a long way.
    5 Feb 2013, 01:15 AM Reply Like
  • they are not going to become...they already are. Although that does not mean perpetual rallies in equities which have already de-coupled from any link to reality and are in a speculative bubble...which will turn south sooner or later...i am betting on late March.
    5 Feb 2013, 04:27 AM Reply Like
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