Loading ...Indeed, the SM is being led by dividend yielding REITs, Utilities and Telecoms.
A buddy of mine couldn’t understand why one of his wife’s mutual funds was up 14% this year. I asked him to look at the top holdings. You guessed it, at the top were REITs. he asked me if I thought they’d go down soon. I told him I didn’t know, I suppose they could go higher if bond yields continue to drop.
I told him I thought he should see if they had a pm mutual fund available to put 10-20% as a hedge…
Think what will be different this time around is that pm’s won’t drop with the SM like they did in 09′