The Bond Market Isn't a Good Investment Anymore

The bond market no longer fulfils the purpose which we've been taught that it's supposed to fulfil. The whole 60 forty portfolio structure, i think, is seriously in question. A superior replacement for the entire fixed income asset class will be in ted in the next ten years. It would completely change the game for everybody, make the market a better place,. but would eliminate a lot of a very deeply ingrained subsidies and preferences that exist in the market.