Surveillance: BofA’s Quinlan Says Ignore the Bond Noise and Buy Stocks
‘Cash is OK now,’ he says, ‘but long-term returns come from equities’
Investors are regrouping after yesterday’s selloff across stocks and bonds delivered a harsh reminder: Markets may have rallied this month, but they’re not necessarily stable.
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At some point, the bond-market volatility just gets exhausting. Annoying. And maybe, for some, ignorable.