In times of market turbulence, the bond market is supposed to act as a safe-haven panacea. After all, investors are taught that safety, reliability, and durability lies there. MacIntosh is the cofounder and managing partner of, and has built several multi-million-dollar companies in the investment universe. Prior to founding Glenorchy, MacIntosh built his career at JPMorgan Chase, Lehman Brothers, and Invesco Asset Management.
Throughout the course of history, these two ideas have gotten market participants into big-time trouble. "Everyone's sort of looking around for the next GFC," he said. "As a consequence, people are terrified that the equity markets are the place not to be."
Too bad I have to sign up to read the inflammatory article. Not. People have been knocking the bond market for decades. I've been making money in the bond market for decades. I've made and lost in both bond and stock markets. Stop with the fucking baseless fear.