GlobeS&P 500 celebrated inflation data coming in line with expectations yesterday, but the joy proved preditably short-lived as the realization that Fed would still not declare victory over inflation prevailed, and bond markets confirmed it. Junk corporate bonds remain dangerously overstretched here, and a similar fate to EEM or IWM awaits. Note also the disconnect […]
Mar 15 2023
S&P 500’s Short-Lived Celebration – Recession Trades
| published by | Monica Kingsley |
|---|---|
| in blog | ValueWalk |
| original entry | S&P 500’s Short-Lived Celebration – Recession Trades |
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