By David Galland and Kevin Brekke, Casey Research The other day, I came across an article that said, while individuals may be moving their money out of equities, they have been moving into bond funds – and in a big way. It’s called jumping from the frying fan into the fire. Based on my experience as a co-founder of a mutual fund group, I can tell you that if there is one sure thing in this world, it’s that when investors rush en masse into an investment category, it is invariably at almost exactly the wrong time to do so. Is that the case with today’s rush into bonds? To shed some light on that point, Casey Research Switzerland-based editor Kevin Brekke volunteered to look into … [Read more...]
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