The Great Rotation - What is it? What are the opportunities?
"The Great Rotation" was being talked about and anticipated for years – and for years those who recommended dumping bonds for equities have been wrong. But right now there is an argument that it has begun. Basically it is all about the 30 year bond bull market ending and investors being “forced” to switch into equities by dangerously low bond yields. Why we mention it now is because last week saw the 2nd biggest week of inflows into equities since 1992 - something is stirring. Here we look at the evidence of the last week, the risks and the opportunities.