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Beware The Stampedes: Public Pensions Flock To Credit As Investors Flee Stocks – Valuewalk Premium

by valuewalkpremium.com posted 1month ago 20 views
The herd mentality is in full force on Wall Street, but two groups are stampeding in different directions. Equity investors have spent the last couple of months dumping stocks across sectors; meanwhile, public pension plans have been pouring money into credit as the cloud of unfunded liabilities lingers. Michelle Jones was a television news producer for eight years. She produced the morning news programs for the NBC affiliates in Evansville, Indiana and Huntsville, Alabama and spent a short time at the CBS affiliate in Huntsville.

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