In bonds, the great bull market that started in 1982 seems to be over. The inflationary environment of the 1970s saw bond yields soar and by 1982, they had risen to record levels. The subsequent decline in inflation has resulted in long-term interest rates falling and bond prices rising.
The need for an active investment strategy
In the main asset classes – equities and bonds – a passive buy-and-hold
strategy is likely to produce disappointing returns in the years to
come.
In bonds, the great bull market that started in 1982 seems to be over. The inflationary environment of the 1970s saw bond yields soar and by 1982, they had risen to record levels. The subsequent decline in inflation has resulted in long-term interest rates falling and bond prices rising. BL-Global Flexible: situation as at 12 May 2009Investment strategy - Equities Based on a set of potential scenarios, a range of 600 to 1,000 has been established for the Standard & Poor’s 500 index in the United States, the idea being to increase the equity allocation at the bottom end of the range and to decrease it at the top end. |
Themes under discussionChina Dollar Emerging Markets Equity markets Global economy Inflation Market Oil |
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2010
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Hello This is the first article that has explained the problem ...
The economic situation in Greece – continued
Le 09/04/2010 par DAVID HINSLEY
Great blog, keep it up! ...
BL-Global Flexible as at beginning of October
Le 04/11/2009 par kalle
Hasn't the Euro been a strong currency mainly because the ...
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Le 26/02/2009 par Costa Rico
Nice article! Thanx for posting. ...
Some encouraging news
Le 19/10/2008 par Claire
Thank you for your kind words. I usually find it very ...
Not a time to take risks
Le 16/09/2008 par Guy Wagner