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To: Magnum44
Trump effect. The DOW may be over 20K by weeks end...maybe even by tomorrow night.

Yeah, it's killing our bond index funds, which is a majority of our holdings, but I guess it's worth the price for not having Hillary as the next POTUS. Hopefully they will recover a year from now.

6 posted on 12/13/2016 12:16:28 PM PST by CatOwner
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To: CatOwner

Stocks and bonds tend to vary inversely, so this isn’t a surprise. Companies that are expected to do well will pay off their debts earlier, so their bonds aren’t worth as much. But the rest of their society gains.

You can’t lie forever to the market.


11 posted on 12/13/2016 12:32:57 PM PST by HiTech RedNeck (Embrace the Lion of Judah and He will roar for you and teach you to roar too. See my page.)
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