Famed investor Bill Miller is watching bonds closely as the stock market’s slide continues. Miller, known for beating the Standard and Poor’s 500 index 15 years in a row during his career at Baltimore-based Legg Mason Inc., said in a letter to investors Thursday that the rise in bond yields was “the most important thing” that happened to the stock market in the third quarter. Miller’s comments are timely since the stock market suffered one of its worst days of the year on Wednesday. Concerns of…
from https://www.bizjournals.com/baltimore/news/2018/10/11/as-market-continues-to-plunge-bill-miller-remains.html?ana=RSS&s=article_search
via http://baltimorecheckbook.tumblr.com/post/178955602687
No comments:
Post a Comment