Investors unsure of the April market rebound can hedge their bets through high yield bonds, which capture most of the upside of equities—but with much less volatility.
What do high equity valuations say about the rest of the market? Bruce shares his take on this and current spreads in high yield market.
Top of mind this Monday morning: Coronavirus and the global economy, the potential for a market correction, and what 2020 election results could mean for investors.
Listen to Chairman and Portfolio Manager Bruce Monrad on Bloomberg Radio (22:12): https://lnkd.in/eUR7BXW