Stocks Are Safer Than Bonds, Fund Manager Says
(Market Watch) — The investment move that has made consumers most comfortable since the market crisis of 2008 is about to become the investment folly of the 2010s. That’s according to Chris Davis, head of the Davis Funds. He said recently that bonds are an emerging bubble, destined for a fall over the next decade, just as investors have been throwing virtually all of their available cash into bonds so that they could sidestep the pain in the stock market.’
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