Pimco has been down since April 17. I also wee that Vanguard Total Bond Market is in a similar slump. Both are down about 1.5% over the last 2 weeks. Any reasons for the slump?
Anyone have any thoughts about this fund for the next few years. Owned it for ten years,like that they have 30% in cash,but seems to have limited future upside and more downside like the rest of the bond market.
**The economy is in a sweet spot right now. Low inflation, Job increases, and strong manufacturing**
Really, what about the 42,000,000 folks on food stamps. I guess they haven't gotten their invitation from the Fed to the party yet...must be in the mail.
I believe stocks will still outperform bonds in the next 5 years. There will be some bumps along the way but bonds will be especially hit hard as interest rates start to rise. International would be another place to put some money as that market has been down for several years and will be due to outperform the U.S. The bull run still has some legs in it but not nearly as strong as it has been. The economy is in a sweet spot right now. Low inflation, Job increases, and strong manufacturing.
So where do we go ? In Fidelity 401K plan..... International Stock Fund ? All cash ? Or just ride out the 30% drop that's coming our way .