The fact that bonds are less attractive on a yield basis today should not detract from their ability to protect capital better than equities in a downturn.

The fact that bonds are less attractive on a yield basis today should not detract from their ability to protect capital better than equities in a downturn.
Warren Buffett predicted the Dow Jones Industrial Average (DJIA) will reach 1 million within a hundred years. It’s not so far fetched if you do the math.
With historically low interest rates, investors looking for anything more than low single digit returns are forced into equity markets.
It has been eight years since the bottom of the last major bear market and economic recession. This marks the second longest bull market in Wall Street history.
With the Brexit outcome, the Trump victory, and the Chicago Cubs winning the World Series after 108 years, the art of forecasting is the year’s biggest loser!
Groupthink occurs when the desire to conform prevents alternatives from being considered. It’s a risk every performance-minded team must actively avoid.