Whether the recent sell-off in the bond and stock markets is just a blip or the beginning of a sustained downward rally will depend on the upcoming US economic data.
If you look at the Republican Party’s stance on monetary policy in general and the Federal Reserve’s in particular, you might assume that the pace of rate hikes is going to pick up.
After expressing his thoughts on the Baby Boomer generation’s having become risk-averse, Richard Bernstein moved on to the topic of the safety of “safe” investments.
