Geopolitical uncertainty, as well as growing skepticism over President Trump’s reflation story, is not something risk markets like. Inversely, bond markets do.
It's something Treasury Secretary Steven Mnuchin says "we should seriously look at" since interest rates are likely to stay low for a while.
All eyes on the Federal Reserve.
New money flowing into European equity funds hit a 67-week high, while emerging market bond funds took in fresh money for the 11th straight week.
For the second week in April, bond funds with geographically diverse and investment grade mandates fared best, while those focused on Europe continue to lose money.
An unconventional approach to investing drives Scott Minerd’s outperformance at Guggenheim Partners.
The real concern is inflation.
Investors flee U.S. equity and inflation-protected funds as Trump’s agenda stumbles.