The S&P 500 is above 1500. CBOE S&P 500 Volatility (VIX) is sitting near 15-year lows. And 88% of iShares S&P 100 (OEF) component stocks are above respective 200-day moving averages.
Normally, you might hear more discussion about complacency and/or an imminent sell-off. Instead, you’re hearing more about the “Great Rotation” out of bonds and into [...] [...more]
So you thought that the biggest fallout over higher taxes for the wealthy might be the selling of stock assets. Indeed, investors sitting on monster capital gains in Apple have liquidated scores of shares in the culture-changer company.
Yet a wide variety of riskier categories have held up nicely, including high yield corporate bonds, preferred stock, [...] [...more]