Tag Archives: stock rally

The Great Rotation?

The financial media loves a catch phrase and, with the apparent emotional hook of the ‘fiscal cliff’ diminished, we needed a new one.  The current best candidate is the so-called ‘Great Rotation.’  The idea here is that investors, finally and completely fed up with the dismal returns from bonds, are going to move heavily back into equities.  This is the ‘Great Rotation.’  When I Google the term, there are 820,000 search results.  Not bad for a phrase that was invented in October 2012 (in a research note from Bank of America, apparently).  Continue reading