It is not every day that Shares and Bonds sell off together. Today was one such day.
What do investors do in such situation? In other word, where does the money flow in such a case?
They run for cover.
What do they do for cover?
· Buy Gold.--- check.
· Buy Swiss Frank.----check.
· Buy Puts .----check.
The ratio was above 1 for the whole of the afternoon. Not much optimism out there, eh?
Can anyone think of any other thing that investors would do for safety.
And what do you think will happen tomorrow?