Vanguard Intermediate-Term Bond ETF

This year’s theme for the annual Jackson Hole Symposium is “Fostering a Dynamic Global Economy.”

Greenspan cites rapid inflation growth as the reason for a bond market collapse. But the markets and Fed officials think otherwise.

After expressing his thoughts on the Baby Boomer generation’s having become risk-averse, Richard Bernstein moved on to the topic of the safety of “safe” investments.

The credibility of the Federal Reserve was a concern raised by some policymakers at the September FOMC (Federal Open Market Committee) meeting.

In his July 2016 Insights newsletter, Richard Bernstein stated, “Safe investments are safe until everyone wants them.”

In his latest monthly investment outlook for June 2016, bond market veteran Bill Gross talked about “carry” in financial markets.