No. of Recommendations: 1
>> The market is telling us it fears a recession. Hence, the safe move is out of equities and into safe bonds. <<

Perhaps, but if investors are determining Treasuries are the "safe haven" then the S&P downgrade (from the folks who brought you all those AAA-rated toxic MBS garbage) wasn't really the reason for the sell-off but was just a convenient excuse for increased jitters.

Print the post  


When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.