'Mystifying' U.S. Stock Rally Defies Economic Unease
Investors are questioning how long the surge can continue in the face of a hawkish Fed with warnings of recession from the bond market and war.
Investors are questioning how long the surge can continue in the face of a hawkish Fed with warnings of recession from the bond market and war.
“There’s reason to believe that this time around, yield curve inversion may not be as good of an indicator as it has been in the past..." -Erin Browne
Strategists caution the selloff that took S&P 500 12% from its January record is not over and sharp rallies are typical of volatility in bear markets.
Almost any direction you look, it points to higher oil prices and a potentially damaging effect on the global economy.
The U.S. yield curve measured by the gap between five and 30-year government bond yields inverted on Monday for the first time since early 2006.
Investors like to look at a squiggly line known as the yield curve to measure market sentiment about the future.
When it comes to sparking a move higher in stocks, news doesn’t necessarily have to go from bad to good, or from good to great.