SPDR Gold Trust (ETF) (GLD), iShares Barclays 20+ Yr Treas.Bond (ETF) (TLT): The Two Most Popular Stocks Last Week

Second, the Fed’s indicated that its outlook for the economy had improved; if it is correct, this diminishes SPDR Gold Trust (ETF) (NYSEMKT:GLD) ‘s value as a form of insurance (or its appeal as a “catastrophe trade,” if you will.)

At the time they occur, it’s difficult to get perspective on events in the financial markets, but my guess is that last week was a watershed moment. In a few years, we may look back and realize that the Fed just rang the bell on the bull market in bonds. As for the bull market in SPDR Gold Trust (ETF) (NYSEMKT:GLD), it almost certainly ended when the yellow metal ran up past $1,900 per ounce in August 2011; nevertheless, the Fed’s announcement only adds to the downward pressure on goldl’s price.

The article The 2 Most Popular Stocks Last Week originally appeared on Fool.com is written by Alex Dumortier, CFA.

Fool contributor Alex Dumortier, CFA, has no position in any stocks mentioned; you can follow him on LinkedIn. The Motley Fool has no position in any of the stocks mentioned.

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