Market Trends & Investment Strategies - The bond market experiences significant flows during pricing events, prompting questions about similar activity in the beauty market [1] - Passive investment strategies continue to attract substantial capital, but new ETF product creation is increasingly focused on active management, suggesting a potential shift in fund flows towards active strategies, particularly from institutional investors [2] Bond Market Analysis - The perception that bonds are less safe is not prevalent; rather, investors are reacting to losses in bond portfolios following a 40-year bull market in interest rates [3] - Investors previously complained about near-zero interest rates in 2018, but current multi-generational rates have been painful from a price perspective [3] State Financial Health - States average a 13% equity ratio, with California, New York, and New Jersey potentially being among the strongest due to their high concentration of wealth and large GDPs [4]
Best States are CA, NY, NJ Due to High GDP: MacKay Shields MD Kazatsky
Bloomberg Television·2025-08-14 21:01