https://www.marketreview.com/news/ned-davis-predicts-bond-funds-to-remain-strong-in-2020/Ned Davis Predicts Bond Funds to Remain Strong in 2020
Bond funds have had a big target on their back after their peak last summer. Bonds had a great first 8 months of 2019, and the outlook has changed, but not for Ned Davis.
It was no secret that after bonds peaked last August that we were in for a correction. With stocks, you need to wait for enough of a shift in momentum to be able to call a reversal, but in the case of bonds, a correction was written all over the wall in bold letters once we said goodbye to the highs of August and saw significant weakness start to rear its ugly head in September.