Those who face their fears when things are at their scariest always end up with the most candy, writes Martin Pelletier. Read more.
Bring in the bears, who tell us this is a permanent situation fuelled by excess monetary and fiscal stimulus and the only way to end it is by going full nuclear or Volcker on our economy. Suddenly, everyone has become familiar with what the “terminal rate” of inflation is.
There hasn’t been a place to hide. The cross-asset correlation from stocks to bonds to commodities, as tracked by Barclays PLC, shows readings that rank among the highest since 1981. Consequently, the United States bond market is on pace for its worst year in history, with a loss of near 14 per cent, while U.S. investment-grade bond yields are the highest since 2009 at 5.6 per cent, more than double where they were at the end of last year, according to Bloomberg.
So far, the S&P 500 has finished in the red on 56 per cent of the 184 year-to-date U.S. trading days and is on track to have the second-highest annual proportion of loss-producing trading days since 1957, when such data was first recorded, according to S&P Dow Jones Indices.Article content A recent Bank of America Corp. survey shows investor sentiment is “unquestionably” the worst it has been since the global financial crisis. And almost 25 per cent of Canadians have
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
It's a scary time for investors, but they need to find the courage to face their fearsThose who face their fears when things are at their scariest always end up with the most candy, writes Martin Pelletier. Read more.
Read more »
It's a scary time for investors, but they need to find the courage to face their fearsThose who face their fears when things are at their scariest always end up with the most candy, writes Martin Pelletier. Read more.
Read more »
Canucks: There are still jobs to be won with three pre-season games to playThe Vancouver Canucks are doing too much stick\u002Dchecking, Luke Schenn said Saturday night. In other words, they need to find a harder edge.
Read more »
From busy moms to youth ventures, these female East Coast entrepreneurs are using craft fair season to develop a side hustle | SaltWireAs craft fairs kick into high gear in the fall, it's the perfect time of year for crafters to make some extra scratch
Read more »