Don’t Buy the Bond Market Dip, Says Invesco’s Waldner

The video discusses the current state of the bond market, highlighting the unique late cycle dynamics characterized by the absence of inflation and an easy Fed policy. It explains how investors are repositioning their portfolios across various asset classes due to these market conditions. The video also analyzes the trends in equity and fixed income fund flows, noting the negative equity fund flows and positive fixed income flows throughout the year, consistent with late cycle expectations.

What does the positive flow in fixed income suggest about investor sentiment?

What implications does the current positioning of investors have for the equity market?