Friday, February 9, 2018

Safe bonds and risky stocks fall with market

Associated Press (ap.org); Seth Auberon, Ashley Wells, Wisdom Quarterly
The day's Dow Jones industrial average volatility (Friday, Feb. 9, 2018) is worrisome.
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Even "safe" bond investments falter...
Don't worry, P Galore. I have bitcoin. - Get off.
NEW YORK, NY - The stock market is not the only thing dropping. Bonds, which are supposed to be the "safe" part of every investor's portfolio, have faltered, too. In what has been a rude awakening for some naive investors, bond funds have lost ground these past couple of weeks, unlike in past downturns for stocks. What is different this time is that the same things undercutting stocks are hurting bond prices: worries about inflation and the possibility of much higher interest rates. More

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