
Asset Allocation
No Need for Taper Trepidation for the Stock Market
The situation now is less fraught than during the 2013 tantrum, argues UBS’s Mark Haefele.
These bonds, undergirded by pools of home loans, benefit from the zest to nest, federal support, and other forces.
They have lower volatility and often better returns than corporates, a study by the Gundlach firm concludes.
MBS, which got flattened in March, are on the mend, but some warning signs linger. Like, what if the recession caves the housing market?