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If the Fed raises rates as vigorously as expected this year, bond investors could get slammed, writes Jason Zweig in a piece for The Wall Street Journal. Of course, how much they’ll get slammed depends on how much they hold…and there a few ways to protect themselves, Zweig contends. Many bond...
The thing to remember about market history is you can use it to tell just about any story you want — why things will be different in the future, why they’ll remain the same, how relationships change, rules of thumb, how to beat the market, etc.
Data is often in the eye of the beholder. The past can provide context and perspective but it can’t predict the future.