The thirty year bull market for bonds maybe ending soon. The bond market is a huge market. Currently billions of dollars are leaving bonds. Soon interest rates rates will creep up because people will want their money to work for them. The dollars will chase higher returns and interest rates will go up. Many people believe the stock market has peaked. I am suggesting this will have a domino effect in the next two months. Get out while you can and find a safe place for your money.
The investors, including retirement systems, have formally put Pimco on
"watch lists," a signal that they will keep a much closer eye its
performance than usual. It could eventually lead to reductions in the
amount of money they allocate to funds at the firm, whose full name is Pacific Investment Management Co and which has $1.91 trillion in assets.
Read More...
No comments:
Post a Comment