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Published On: Fri, Nov 8th, 2019

Mind Markets Melting Both Ways

There is massive danger is a reeling bond market.  If we see rising yields morph into a serious bond market meltdown, the melt-up in stocks could split and go rancid very quickly. Rising rates have massive negative implications for corporate credit and without the juice of further central bank easing – stock markets could well lose heart.

https://morningporridge.com/the-morning-porridge/f/blains-morning-porridge—nov-8th-2019—melt-up-or-down

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Source: David Stockman

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