I am increasingly concerned about the amount of money flowing into these funds, largely because these flows represent 'weak hands.'
The bond market has no single-source indicator like the S&P 500, but looking at a variety of indexes, 2019 has been a terrific year.
Let's look at a number of charts to get some perspective on this investment arena.
My advice after diving into the 15-page document: Tighten your exposure to stocks, and don't even consider selling your bonds.
The risk/reward of being short U.S. bonds and long the S&P 500 for a trade makes sense at these levels.
Why this much-hyped move isn't so special and how to play it to your advantage.
But do think about refinancing your home mortgage.
While the Fed action was widely expected -- even if the market was hoping for clear signals of future cuts -- here's my read on what this means for markets and how I am thinking about positioning going forward.
The Fed appeared to hint that a cut could be coming later as it focuses on expansion -- here's what that could mean.
The longer the Fed waits to cut, the lower rates will ultimately go, but so far there's little hint of action to come.