The Most Hated Asset Class in the World

In December 2024 I wrote that international stocks were the most hated asset class in the world. Foreign stocks have gone on a nice little run since then. I’m not taking credit here. Sentiment has become harder than ever to crack. But I’m getting similar vibes today in fixed income. The most hated asset class in the world right now has to be bonds. There are a lot of intelligent investors who have been making ...