Is the flight to bonds inflating the risk?
from Net Worth by Kathleen Pender, SF Chronicle
Early last decade, “clients were asking me why they shouldn’t take all their money out of the stock market and buy real estate. Now they all want to go into the bond market,” says David Yeske, managing director of Yeske Buie. “It sure smells like tech stocks in 1999 and real estate in 2006.”