This column has been trying to make sense of the apparent disconnect between the fear on display in the bond market and the high levels of the S&P 500 for months. , while the S&P lost less than 2%.
Under the surface there is a slightly better link. Bondlike stocks are doing well, while the most economically exposed stocks underperformed. Winners include the utilities, real estate and...
26.118,02 DJIA
26,341 DJIA⤵️
MEANWHILE tHE WORLD IS UPSIDE DOWN IN EUROPE ;If you are a banker you get money for your loan ,thanks to taxpayers who are the only ones to share for the burden
Funny how all these economist cannot quite figure out how things are supposed to work in a Trump Presidency. It's as if they are simply baffled by the bright lights of Trump, and cannot see the actual numbers for what they are.