A recent press report suggested that 10 large corporate-bond funds' holdings of illiquid securities exceeded regulatory maximums. Here's what the article gets wrong.
Entries filed under 'Financial Markets'
Investor fear recently reached levels not seen since 2008. That’s not justified by current U.S. economic conditions.
The sell-off in U.S. stocks in response to reports of a weakening Chinese economy shows that investor emotions have gotten ahead of reality.
Even before the recent pullback, the market was lagging the growth in earnings.