How Bad Was This Quarter for Bond Investors?
The benchmark bond index that we follow, Barclays U.S. Government/Credit Index, lost 2.5%, the worst quarter since 1994. In fact the quarterly result has only been worse 8 times in the past 40+ years (162 quarters). The Barclays U.S. TIPS Index had its worst quarter ever losing 7.1% (data only goes back to 1997). Markets […]
Market Commentary- April 2013
Market Commentary Stocks wrapped up a stellar first quarter with the S&P 500 finishing at an all-time high, besting its last high in October 2007. For the quarter, large-cap stocks (represented by the S&P 500) were up 10.6%. Small-cap stocks also did quite well, returning 12.4% in the first quarter. International markets had a positive […]
Market Commentary October 2012
The equity markets finished a very strong quarter in September, erasing the losses of the second quarter, and more, pushing returns solidly into double-digit territory for the year. If the S&P 500 could hold its 16% gain through the next quarter, it would be the third best annual result of the past decade, and above […]
What About Bonds?
Bonds will be a terrible investment over the next 10 years. That is the conventional wisdom in the investment community lately. “Bonds are the worst asset class for investors,” says Professor Burton Malkiel, the author of A Random Walk Down Wall Street, in an opinion piece published in late March in The Wall Street Journal. […]
Fixed Income Risk in Your Portfolio
With interest rates near historical lows, some investors may be anxious about a possible rate climb and its potential impact on their fixed income investments.
