Market mayhem’s three triggers may not disappear in a hurry
The three triggers for the recent sell-off in stocks were the rapid rise in US bond yields, a reappraisal of valuations for strongly-performing technology and healthcare stocks and concerns about the impact of geopolitical conflicts on earnings. None of these factors...
Global activity endures. Bonds more stretched than stocks
Global economic growth is slowing, weighed by declining spare capacity and steady interest rate increases in the US, debt reduction and increased regulation in China and political risks including trade skirmishes that threaten confidence. However, there is enough...
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