Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
The article linked below covers the major events for the month along with what worked best and what did not. Also, for September look of more market volatility.
... the reason the yield curve inverted [is] the incredible plunge in longterm rates, from 3.2% last fall to just 1.45% this morning. That represents a huge shift toward economic pessimism. [Krugman two days ago]
1.45% means that many blue chip stocks & blue chip ETFs have higher dividend yields than long-term bonds. (SCHD offers 2.9%, even VIG is higher, 1.74%.)
I guess everyone is assuming the market's going to crash and they can get better prices later?
Comments
Regards,
Ted
[Krugman two days ago]
I guess everyone is assuming the market's going to crash and they can get better prices later?