-
Stocks lower, bonds rally and the US dollar is looking strong – times a changing
Here’s the thing – stocks get all the headlines but it seems even as the S&P 500 made a new all time high last week there is still a level of disquiet growing in the big macro markets of bonds and currencies . As the screenshot from Bloomberg of the US 10 year rate shows there is a real chance of a massive range break and rally which would really tell us there is a big shift in markets happening and a monster disconnect between stocks and bonds. It hasn’t happened yet but it is certainly something to watch. Looking at the week ahead then there is plenty in the US which will eaither confirm or deny a move ... (full story)