He expects to reduce the equity percentage to 30% to 40% later this year and move more into high-grade corporatebonds.
FORBES: Cruising Musings
2.
According to Morgan Stanley, high-quality investment-grade corporatebonds are now at their cheapest since 1925.
ECONOMIST: Have markets got what they wanted at last?
3.
In the year to date, loans are running in the middle of the pack, trailing equities and high-yield bonds, while beating 10-year Treasuries and investment-grade corporatebonds.