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It is often stated that investors have become increasingly less risk averse over the past few years. This is true for many asset classes as evidenced by narrowing credit spreads and a number of sentiment indicators. However, this is not necessarily the case with US equities, especially not when considering the [...] More on this topic (What's this?) Bonds: The Most Important Asset Class (Expected Returns, 4/18/12) How to Play Low Natural Gas Prices With Bonds (Investment U, 4/17/12) Emerging Market Bonds: Less Risk Than You Think (Investment U, 5/11/12) | |||||||||||
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