May update - Time for safety
The time has come to lighten up on riskier assets. US and European stocks are down around 15% from their most recent highs while Canadian and UK stocks are down by much less. Meanwhile, high-grade bonds, which normally provide some stability when the stock market is being volatile, have done anything but. Going by the iShares Core US Aggregate Bond ETF (Symbol: AGG) and the Vanguard Canadian Aggregate Bond ETF (Symbol: VAB), the broader US and Canadian bond markets are down o