The Bond Conundrum, Again

Check out the accompanying pdf and chart collection. (1) No tapering tantrum in bond market. (2) Tapering isn’t tightening. (3) But tapering sets stage for tightening if inflation persists. (4) Are retail investors buying bond funds to rebalance out of stocks? (5) Major central banks in no rush to raise their official lending rates. (6) Bank of England surprises. (7) Chinese trade surplus at record high during October. (8) Large capital outflows from China. (9) Property developers hitting a great wall in China. (10) Investors starting to realize that SMidCaps are cheap.