An old saying is “there is always a bull market somewhere.” This year is no exception.
For the year, through yesterday’s close, we’ve witnessed long-term, “boring” Treasury bonds gain almost 24% and gold make over 9% while the global stock market has lost over 13%! All this in just about two months!
Even when things aren’t going well in stocks, it seems there is usually an asset somewhere at least holding up if not delivering positive returns. Continue reading “There’s Always A Bull Market Somewhere”
Today, I wanted to provide two opposing views of the merits of investing in U.S. Treasuries in today’s environment.
Whenever I make investment decisions for clients, I always try to consider arguments both in favor and against the investment. It’s important to understand both sides of any issue and do our best to remove our own personal biases and emotions from the decision. In this particular case, with regards to U.S. Treasuries, both sides of the argument contain valid points causing stark disagreement among even the most respected managers and pundits. Continue reading “Bull Case and Bear Case for Investing in Treasury Bonds Right Now”