The fixed income strategist sees arbitrage opportunities in Europe, even with negative yields, and likes mortgage-backed securities in the U.S., but warns it is not a time to be married to any one position.
With recession fears, uncertainty from impeachment and the upcoming presidential election looming, bond and bear funds saw increased flows.
As interest in ESG picks up, these S&P 500-based ETFs should be in demand. But how closely do they track the original index?
Did custodians really factor in how the change would affect advisors?
Investment strategist Andy Rothman said he was "90% sure" there would be a trade deal between the U.S. and China by month's end during the discussion at the Schwab IMPACT Conference in San Diego.
Consider—and consider closely—intermediate-term bonds.