To see just how unpredictable this year’s market has been, we only need to look at the unusual declines in inflation-protected treasuries (TIPS). The idea is that when inflation is high, the interest rates on these bonds are reset at a higher rate to compensate for any inflation that exists in the economy. But through yesterday, a typical TIPS fund is DOWN more than 16% for the year. How? That doesn’t make sense. Or does it?
Mark Scheffler, AIF®, hosts this Three Minute Trend Talk™, highlighting current investment and economic issues, clearTREND® recommendations for the positions used in all Appleton Group managed portfolios, global investment trends, and more (select 1080p HD for best resolution, 720p HD for slower connections).