Salient to Investors:
Alan Gayle at RidgeWorth Capital said investors need to see a bad quarter or two for their bond investments before they move back into stocks.
Patrick Maldari at Artio Global Mgmt says bonds, particularly corporates, are still attractive as S&P 500 returns will remain lackluster, while economic growth remains anemic, policy uncertainty a drag on growth, and the Fed continues to print. Maldari says money hasn’t left the bond market yet and pension funds et al will hold bonds.
Dodd Kittsley, BlackRock said the great rotation may be within fixed income as investors are favoring credit over duration.
Robert Leininger at Gabelli said individual investors are getting back into ETFs and corporate America has bought back what individual investors have sold.
Read the full article at http://www.cnbc.com/id/100428052
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