The crowd piled into investment-grade bonds last week as economic worries triggered an exodus out of risky assets. Reviewing the major asset classes for the week just passed through an ETF lens reveals sharply divided results. The safe-haven trade generated handsome gains for several ETFs representing broad measures of the global fixed-income realm for the five trading days through Feb. 5. Even the usually weak corner of emerging-market government bonds caught a break. Stocks, REITs, and commodities, by contrast, suffered hefty losses.
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Daily Archives: February 8, 2016
Initial Guidance | 8 February 2016
● US jobs growth slows in Jan; jobless rate hits 8-yr low | MarketWatch
● Sluggish jobs report raises questions about US economy | LA Times
● Yellen to Balance Confidence With Caution in Testimony | Bloomberg
● Strong US dollar stokes recession fears | Sydney Morning Herald
● U.S. consumer credit rose $21.3 billion in Dec | MarketWatch
● Global growth now fraying at the edges | FT