Hints by the Federal Reserve last week that it has finished with its rate hiking has sparked a rally across global markets. Photo: MOHD RASFAN / AFP
Those hopes were given a boost Friday by figures showing far fewer jobs than expected were created in October, while other data pointed to a slowing"The recent deluge of economic data does not paint a picture of an impending recession," said SPI Asset Management's Stephen Innes. "If the economy proves to be more resilient, if inflation proves to be more stubborn, bond yields could go up once again."
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