The Bond Market Thinks We’re Having A Recession, The Stock Market Thinks We’re Having A Party. Who’s Right?

The Bond Market Thinks We’re Having A Recession, The Stock Market Thinks We’re Having A Party. Who’s Right?

Mixed messages coming from the stock and bond markets.
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As we approach the end of the year and the decade, we have a significant divergence of opinion in the bond and stock markets about the economic conditions of the US and global economy. The bond market warning sirens had gone off earlier this year, but the stock market decided in June that all was well in the neighborhood. We may as well…

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