The capitalization of the US Stock market, according to August 2008 figures from Wilshire Associates, is $15.59 trillion.
The capitalization of the US Bond market, according to 2007 figures released by FINRA, is in excess of $27 trillion, making it the largest securities market in the world.
It is no wonder that the normally ignored bond market can shake things up worldwide when the market begins to deteriorate. Many investors focus only upon the stock portion of their investment portfolios- and TV news, magazines, newspapers, etc. all do the same. Stocks are "exciting", bonds are "boring." We continue to encourage those with balanced portfolios to look at ALL aspects of their portfolios. Find experienced advisors who can truly bring some value added to your portfolio!