Just a quick note of caution on Bonds right now. A bubble could be fast approaching. I wouldn't panic just yet as this is just one positive day in a bleak market, but more days like this and it would be time to sell those Bond ETFs. I moved some shares into Precious Metal Derivatives which have been doing quite well this year.
Note to Bond Bulls: Wednesday's Stock Rally Shows How Quickly Things Can Change
By VISHESH KUMAR Posted 6:00 PM 09/01/10
Wall Street greeted positive economic data from around the world with a sharp stock market rally to start September. And for most equity investors, the positive development provided a rare ray of sunshine following the most brutal August trading in nearly a decade.
But while stocks welcomed a respite from what some see as a bubble in pessimism, the turn of events should be just as unnerving to a fast-growing crowd of individual investors: those who have recently marshaled their savings into ultrasafe holdings like U.S. government bonds. Such folks saw their new investments take a sharp dive on Wednesday.
The jolt should serve as a reminder of how quickly things can change given the dear prices safe assets are commanding, and it could be a sign of things to come.
Showing posts with label Precious Metal Derivatives. Show all posts
Showing posts with label Precious Metal Derivatives. Show all posts
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