Still Waiting For The Other Shoe

For the last 30 years, the general trend in interest rates has been down creating the biggest bull market in bonds ever. For months we have been waiting for the Fed to change its position on interest rates and expecting that their actions will have a detrimental impact on the stock market. Would it really? If investors moved into bonds because of the bull market does it make sense that they would not move to alternative markets during a bear market? A bear market in bonds implies that as inte...