Week #41: Biggest Rout in 150 Years; Mortgage Rates (almost) Triple; Smart Beta Turns Dumb;

Hong Kong- Financial Ghost Town?; The 10 Commandments of Microcap Investing

Today at a Glance

• One Rout: Once in 150 years

• One Triple: 30-year Mortgage Rates (almost) Triple

• One Failure: Smart Beta Turns Dumb

• One Ghostown: Hong Kong Stock Market RIP?

• One Special Report: The 10 Commandments of Microcap Investing

One Quote

The Biggest Rout in 150 years.

In terms of total returns, this is the biggest bond market rout in 150 years. Last yea…