Can Fixed Income ETFs Recapture Any Mojo?
From seekingalpha.com
Gary Gordon submits:
At the end of August, every imaginable Fixed Income ETF had cracked the top half of the exchange-traded universe in relative strength percentile rank. Here on Thanksgiving Thursday, these same investments from the fixed income world have all dropped into the bottom half.
In a “risk-on-risk-off” environment, few may find the change in momentum all that surprising. After all, stocks rocketed throughout the months of September and October; riskier assets have managed to hold onto those gains after three-and-a-half weeks in November.
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