We are ending the first quarter on a note of modest anxiety over lower Treasury yields, but investors should be very happy with their investment portfolios.
The gains are broad-based. Technology stocks are the biggest gainers, up 17 percent, but energy stocks also were strong as oil rallied from $42 at the end of December to nearly $60. Industrial stocks, which were dramatically oversold at the end of the fourth quarter on global growth concerns, snapped back as well, up 15 percent.
What's more, bond portfolios have also gained. Exchange traded funds for high yield bonds, corporate bonds and Treasurys are all up, not including dividends. The iShares High Yield fund is up 6.1 percent; the iShares Corporate is up 5.3 percent, and the iShares 7-10 Year Treasury is up 2.2 percent.
mayb the ones calling for a recession r wrong but i doubt they wld ever admit it
Man do we never learn from our mistakes? A recession is coming and people are throwing their money into an inflated market that will just crash.
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