01-13-2017, 11:58 PM
Great rotation no more?
Maybe 2017 finally will bring an end to all that talk about a "Great Rotation" of investor cash from bonds to stocks. In a broad sense, market watchers have been looking for the bond market to collapse for decades. But in practice, it hasn't happened. Investors keep shoveling cash into fixed income and pulling it out of stocks, despite an environment that would seem to suggest difficult times for bonds.
'Fake news' alert on the 'Great Rotation' from bonds to stocks