This article represents opinions of the author and not those of his firm and are subject to change from time to time and do not constitute a recommendation to purchase and sale any security nor to engage in any particular investment strategy. The
A string of disappointments and difficulties led to sour results for some, but not all, newsmakers this week, reports Morningstar markets editor Jeremy Glaser.
The $700 billion that has flowed into taxable- bond funds in the last five years is larger than flows into U.S. equity funds in the late '90s, but investors today seem to be reacting to fear and not chasing performance.