Rothschild Sees Strong Economic Strength

The economy is showing signs of strength and lower bond yields are not a sign of economic weakness, according to a Rothschild Wealth Management letter to investors reviewed by ValueWalk. Rothschild: Investors favoring safer plays Recently investors have favored high quality, safer plays, especially after a spring correction in biotechnology and internet equities, the report, written by Rothschild Managing Director Mark Tavel, noted. But the big surprise in 2014 occurred in May, when the “remarkable rally in bonds” took place. The 10-year Treasury began the year with a yield close to 3%. At the end of May, the rate had fallen…