Where Is The Wall?

One of the many narratives put forth about the recent stock market rally has been the massive wall of money rotating out of bonds and into stocks. Certainly, the surge in the U.S. stock market coupled with the decline in the U.S. Treasury market has supported this narrative. But what are the real underlying drivers of this phenomenon? And is this something that investors should view as bullish or a cause for concern instead?

Please click on the link to read more of my article on Seeking Alpha.

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: