News Formal

An 'icy' ending: A Wall Street expert sees a critical market metric stretched to 'extreme' levels — and warns of a painful reckoning to come

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

Doug Ramsey, chief investment officer at The Leuthold Group, sees an area of the market that's primed for reversal.

. Based on historical precedence, when these two metrics cross a certain threshold, it's time for fixed-income investors to get the heck out of dodge.in seemingly unabated fashion, defying the age-old idea that they should trade inversely.

The graph below depicts the relationship between S&P 500 weekly percentage changes, juxtaposed against the weekly percentage change in the 10-year yield.Ramsey continued:"Definitive peaks in the stock/bond correlation have been excellent SELL signals on bonds, with the three-month horizon looking especially risky."

The reading needs to drop by another 5 basis points in order for the top to be definitive. But at this rate, we'll be there in no time.

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 729. in SE
 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Jim Cramer reviews 6 stocks that 'have been anointed by Wall Street' amid an economic slowdown'They'll be the second-half winners that the big money guys just can't get enough of,' Jim Cramer says. Pretty easy to pick stocks that have already had a big bull run. That may or may not continue. If the economy slows disposable income drops which hits about half his picks. Trump advertises for McDonalds enough to keep it up, with his blood pressure.
Källa: CNBC - 🏆 12. / 72 Läs mer »