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“Bond markets are still pricing in a sustained period of elevated macroeconomic uncertainty, even if there has been some modest decline over the past three months,” strategists including Nikolaos Panigirtzoglou and Mika Inkinen wrote in a note. “By contrast, equity markets look ‘priced for perfection’ with theCanada's best source for investing news, analysis, and insight on investment strategies, stocks and more.
At the same time, instead of becoming a growth driver in Asia after pandemic restrictions ended, Chinese stocks tanked and entered a bear market.
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Stocks drop 20% if bonds have inflation right in JPMorgan modelJPMorgan Chase \u0026amp\u003B Co. is suggesting a 20% downside risk for equities if bonds are proved correct in pricing inflation volatility. Read more.
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