in the Nasdaq going into the close, day after day. Is the market finally catching up to reality? Bloomberg’s Lisa Abramowicz and John Authers sat down to discuss what is going on. This is an edited version of their conversation.: Is this the week that stock markets finally woke up to the reality that bond markets were pricing in that the: I think it probably is.
We’ve moved beyond what we’ve seen for the last few months, which has been a removal of the obvious successes forIt’s now beginning to become more of a reassessment of what valuation the whole stock market should be trading at.: What changed the dynamic so significantly this week? There is a duality here.
But we haven’t had any inflation for the last three or four decades. The picture is very different and that is why it’s hard to make as much sense of what’s going on.