You know when you get a song in your head and you can’t stop thinking about it?  That is how I feel relative to speaking with clients all last week.  I can’t get out of my head how defensively everyone is positioned, yet Treasury yields in both Germany and the US are ticking higher.

In my opinion, the market seems to be telling us something, and no one appears positioned for it.

Past performance is not a guarantee of future results.

Sign up for more access!

Access additional content across the site when you sign up for an account.

Share this: