Wall Street is engaged in a huge propaganda effort throughout the financial and related media with the aim of separating retail investors from their bonds and bond funds and moving their assets into stocks. The meme is that there is a “Great Rotation” out of bonds into stocks. Of course, this is pure nonsense because all bonds and stocks are owned by someone at all times. It is just a question of who. Now that the third great bubble is approaching its ultimate pop, Wall Street wants the retail investor to own stocks and hold the bag while the boyz take refuge in safer asset classes.
Shameless. Just search the internet for “Great Rotation” and see the mindless crap that is being spouted.
The bell is ringing.