CMG CEO Steve Blumenthal has penned his first Forbes piece, titled How Not To Get Soaked When The Bond Bubble Bursts. Steve will be writing about bonds, stocks, alternative investments, tactical investing strategies and the markets regularly for Forbes. See Steve Blumenthal’s Forbes contributor bio and sign up for updates. The beginning of the Forbes story:
Most investors are unaware and ill-prepared for the impact that rising interest rates will have on their bond funds and ETF investments. What can you do? Tactically trade your bond funds and bond ETFs.
Also, in this week’s On My Radar titled Stumble Upon the Truth and Act, Steve writes that high yield bonds have gone from way overvalued to way, way overvalued. An excerpt:
Trading high yield bonds for nearly 24 years has taught me a thing or two about opportunity and risk. Today, I share my current thoughts on high yield. In short, I feel good, really good and, frankly, that is what is troubling me. The last several times I felt this way a major sell-off followed. Be prepared and properly position for an outstanding once in a decade opportunity. It is coming.