Tuesday, March 5, 2013

The high-yield bond rally becomes ridiculous

On the CFA Institute's Inside Investing blog, David Schawel explains how the huge rally in high yield bonds has changed things for investors.

� Betheny McLean makes the case that Apple is a value trap and should be at $200.

� For most investors, cash is a drug.

� Retirement guru Bob Seawright lays out 10 �default settings� for your investing.

� So you wanna sell some stocks into this rally? Ahem, where are you going to put the proceeds?

� Shawn Tully believes Facebook is overvalued: "Facebook may turn out to be a great company, but the market's expectations of its future greatness are just too lofty to make it anything approaching a good buy."

� 5 takeaways from the government crackdown on Standard & Poors.

� Active ETFs are picking up steam.

� Why Bernstein's Pierre Ferragu, long a bear on BlackBerry, just upgraded the stock.

� A remarkable new documentary video on Benjamin Graham.

This commentary does not constitute individualized investment advice. The opinions offered herein are not personalized recommendations to buy, sell or hold securities.

No comments:

Post a Comment