Our last issue for the year ending 2010.
- The bond market saw losses in November
and has underperformed equities since
October. There are signs of a gradual shift
away from the bond market into equities.
This should see the former consolidate in the
- There is presently a heated debate about
whether the bond market has reached an
inflection point and whether the multi-year
rally we have seen has ended. There are
some who fear that bonds are not the place to
be at this moment.
Take this opportunity to wish all my clients a
Happy and Prosperous New Year in 2011!!!