The 'Great Rotation'—Is It Finally Happening?: ""We've been waiting for the great rotation out of fixed income, we've been saying it all along, everything we see in fixed income is all risk and no return - people are starting to wake up," Jack Bouroudjian, CEO of wealth management firm Bull and Bear Partners said on CNBC Asia's "Squawk Box" on Wednesday.
Investors are starting to realize the big difference between the Fed "tapering" and "tightening" its easing policy, according to Bouroudjian, who says tapering is much different than draining liquidity out of the market, which is years away.
"I think they're [investors] coming back to their senses, which is one of the reasons we're seeing that great rotation - these large asset allocations out of fixed income into equities - look for that to continue going into the rest of the year," Bouroudjian said."
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