For Bond Investors, Delayed Rate Cuts Demand a Different Playbook

[bucolic_frolic]

2. Thanks, that validates my not well documented experience

I lost about 4% on emerging market bond funds one year. My broad short and intermediate fund of bond funds, one of these composite things, is down about 1.2% over 2 years. After awhile I begin to think it's not about yield, or inflation, or the Fed. It's about creating management fees for the mutual fund companies. The fund of funds is paid a tiny management fee - but a management fee nonetheless - and each fund in the fund of funds is paid a management fee. Some are run by the same manager of the aggregate fund.

Anytime these hedge fund guru's put out a recommendation the stock plummets. The recommendation really means "I have a boatload to sell and need the public to support the stock while I make off with the loot." Why are they even allowed to make such announcements?