Joe,
As I have noted here TLT has double the performance of SPY. So there would be no surprise if there is net inflows to bonds. Performance chasing that has very little to do with investors belief or non-belief in TINA.
Igy
Joe,
As I have noted here TLT has double the performance of SPY. So there would be no surprise if there is net inflows to bonds. Performance chasing that has very little to do with investors belief or non-belief in TINA.
Igy
Just when I thought you couldn't say anything dumber, you wrote that last sentence.
You are conversing with a troll. The real Igy said goodbye to this thread weeks ago. He was tired of the impersonating troll(s).
That would explain a lot.
Figy, you are just on fire today! You put words into two people's mouths and completely misrepresented what another wrote. And to think some people here still take you seriously. That's some quality trolling.
Joe,
Here you go, so sorry....
http://www.etf.com/sections/weekly-etf-flows/weekly-etf-flows-2016-08-18-2016-08-12
Igy
OK Sliggy....
You are sooooo easy to bait. Hahahahahahahaha.
Back at ya Sliggy....
I suppose now you're going to tell us that those ETFs were bought with money that was on the sidelines. Do you ever get tired of being wrong?
Sliggy, I thought you were one of the Muppets that actually believe that cash on the sidelines can actually exist. Nope, I believe money is coming out of mutual funds going into ETFs, and institutions shifting money from bonds into stocks.
Of course you do. Despite all the evidence out there to the contrary, you believe what you want. Gotta keep that "wrong" streak alive. Good work, Figy.
Sliggy, yea you are the smart one. S&P 500 is getting more expensive by the day. Oh, by the way, the S&P 500 is 2% higher than where it was in May of 2015. And since September of 2014 S&P 500 peak EPS has declined by 18.5%, yet the index has climbed by 11%. Of course there is the greeter fool theory.
Hey Sliggy, this one is for you:
https://mobile.twitter.com/RudyHavenstein/status/764190850741972992
Only you would think that the market setting record highs is a bad thing. I'm sorry but your trolling is just too obvious. Nobody is that stupid.
Sliggy, unfortunately it was a bad thing 3/2000 and 10/2007...median stock valuation and bond valuations worse now. But hey everyone can have an opinion.
I almost forgot that one of your troll strengths is cherry picking data. I must have fallen asleep since you keep saying the same thing over and over. I guess you never tire of being wrong. A glutton for punishment.
Sliggy a quote from you, by the way the TLT has outperformed the SPY by 100%:
"It's no secret that bonds are in bubble territory, or that stocks are soaring. As I said before, tell us something we don't already know. Yet folks like you keep telling us to diversify. That's not bad advice, but I'm definitely going heavy on stocks and light on bonds."
Sticking with that TLT / SPY misdirection? You're like a broken record. That was exposed pages ago. Give it up, troll.
Ghost of Igloi wrote:
OK, here is my response.
First, you said: "I assume you know more than you are letting on because it does not support your public position."
For the record this best summarizes my viewpoint: "At current valuation levels, it is hard to see how a traditional stock and bond portfolio will perfom to historical levels, at least over the next ten years."
Read more:
http://www.letsrun.com/forum/flat_read.php?thread=5369837&page=285#ixzz3e6hg8MpZAlso, I have supplied plenty of data and the rationale to support my position. You have provided little to none in the way of data or rationale, but plenty of accusations.
Second, you said "we all know how bonds work. What you left out, though I firmly believe that you are aware of it, is that most bonds are held in funds and not by individuals. These funds rarely hold their bonds to maturity, selling and buying them often to maximize returns for the funds investors. "
My response is that bond mutual fund managers trade bonds for a variety of reasons, and many bonds in bond mutual funds are held to maturity. Bonds can be sold due to overvaluation, bonds can be sold due to unforseen risks and bonds can be sold to fund redemptions. No different than a stock mutual fund manager. One can buy a can buy a bond index fund exchange traded fund just as well as one can buy a stock index exchange traded fund. Both investments are passive.
Third, you said "That is precisely why the bond bubble is troublesome, but you knew that, didn't you."
I gave example using a bond proxy (10 Year Treasury) and a stock proxy (S&P 500 Index) to illustrate a point. There is no selective bias here. I am illustrating a point here using approriate industry benchmarks.
Lastly, you act the injured party when you claim "despite you're predictable attempt to paint me as ignorant."
Yet you responded to my posts with the following: "Anybody with at least half a brain can see the bubble there."
Read more:
http://www.letsrun.com/forum/flat_read.php?thread=5369837&page=280#ixzz3e6ieldm4Or: "Your tunnel vision is why you are so clueless."
Read more:
http://www.letsrun.com/forum/flat_read.php?thread=5369837&page=281#ixzz3e6jJioqOHave a good evening.
Igy
Fair or foul: Eurosport Olympic swimming announcer fired on the spot - for making a joke?
Does not wanting my kids to watch a bisexual threesome at the Olympics make me a bigot?
2024 College Track & Field Open Coaching Positions Discussion
No scholarship limits anymore! (NCAA Track and Field inequality is going to get way worse, right?)
So they had a guy with one of his nuts hanging out by a kid at the opening Ceremony.....
Anybody else watching the Olympics on Peacock and getting visually impaired commentary?