by Brian Maher
Daily Reckoning
“It’s starting to feel like 2008…”
Kind heaven, no! 2008 — again? That’s how it feels to one John Anderson of Smith & Williamson Investment Management in London.
“Government bond yields are telling you something very nasty is about to happen,” he added. His concerns are not isolated.
Post-Brexit fear runs rampant. Investors are flooding into the relative “safety” of government bonds, forcing yields to record lows.