Where Are Investors Putting Their Money
As money continues to leave the stock market we find two places where investors are putting their money. The two markets that are attracting buying are the Japanese Yen and the Bonds.
As you can see in the above chart the S&P has made an 8 month low but TLT (Bonds) are making a 16 month high.! The Yen just made a 6 month closing high today but is very close to making multi year highs. These two markets might be worth buying on dips if stocks continue to remain weak.
2 comments:
I understand why Bonds. But I'm confused about yen. Why? Isn't Japan has an enormous debt too? Is it because they managed to live with it for so long?
Don't know that much about bond and currency trading. Shorting the market. Jobs report will be terrible once all the rest census workers are fired.
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