An intensifying bond rout is creating a"tremendously dangerous" outlook for global equities, according to Livermore Partners' CIO.
Asked how worrying that landscape was for equities, he said:"I think it's tremendously dangerous at this point.""We're in this world of risk where, for almost 15 years, you had a bond market that was in a bull market, and you had rates negative for several years," Neuhauser told" "I think that is going to cause a lot of pain moving forward in terms of the economy," Neuhauser said.Those fiscal imbalances are giving"a lot of ammunition to the bond bears," the hedge fund manager added, with interest rates likely to remain higher for longer.
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Global bond rout looks 'tremendously dangerous' for stocks, hedge fund manager warnsAn intensifying bond rout is creating a 'tremendously dangerous' outlook for global equities, according to Livermore Partners' CIO.
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