FUEGO
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- Nov 13, 2007
- Messages
- 7,746
Just taking a quick poll of what folks are eying these days. What asset classes in the market look particularly beaten down?
Here's a quick list of what I have seen, but not necessarily anything that I would want to buy.
1. Int'l REITs/Real Estate - WPS for example, down 46% YTD
2. Int'l Bonds - GIM for example - down 23% YTD
3. Int'l small cap - SCZ for example - down 44% YTD
4. Emerging mkts - VWO for example - down 49% YTD
5. High Yield Bonds - VWEHX for example - yield to maturity of 10.51%, or 756 basis points more than similar term treasuries.
6. Investment grade bonds (intermediate maturity) - VFICX for example - yield to maturity of 6.53%, or 356 basis points more than similar term treasuries.
It certainly seems that risk has been priced back into a number of asset classes that for the last few years have not carried much of a risk premuim above similar (but more risky) asset classes.
Anyone seeing any juicy asset classes today? Anyone making some bold moves into any of these asset classes? Holding off for a bit more juiciness?
Here's a quick list of what I have seen, but not necessarily anything that I would want to buy.
1. Int'l REITs/Real Estate - WPS for example, down 46% YTD
2. Int'l Bonds - GIM for example - down 23% YTD
3. Int'l small cap - SCZ for example - down 44% YTD
4. Emerging mkts - VWO for example - down 49% YTD
5. High Yield Bonds - VWEHX for example - yield to maturity of 10.51%, or 756 basis points more than similar term treasuries.
6. Investment grade bonds (intermediate maturity) - VFICX for example - yield to maturity of 6.53%, or 356 basis points more than similar term treasuries.
It certainly seems that risk has been priced back into a number of asset classes that for the last few years have not carried much of a risk premuim above similar (but more risky) asset classes.
Anyone seeing any juicy asset classes today? Anyone making some bold moves into any of these asset classes? Holding off for a bit more juiciness?