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Commentaries — October 21, 1998

A New Era In The Relationship Between Stocks And Bonds? Part 4: Can the S&P 500 “Save the World?” All markets are now trading like the S&P 500. So, the recent Fed eases should help push stock higher and give the credit markets the confidence to tighten spreads. However, the stock rally should be a… Continue reading Untitled

Open A New Era In The Relationship Between Stocks And Bonds?
Part 4: Can the S&P 500 “Save the World?”
All markets are now trading like the S&P 500. So, the recent Fed eases should help push stock higher and give the credit markets the confidence to tighten spreads. However, the stock rally should be a negative for bond yields as the de-coupling between stock prices and bond prices continues.