Against Bond Market Odds

Published by

Such was the S&P 500 correction, how did you like it? The whiff of risk-off that I was looking for yesterday, was a very shallow one in stocks, and much deeper in real assets. What‘s remarkable about the stock market upswing, is that it was led by tech while value barely clung to its opening values – and yields rose yet again. But the dynamic is supposed to work the other way – even financials felt the pinch, but at least real estate rose. Q3 2021 hedge fund letters, conferences and more Another characteristic worth noting is that the dollar increased yesterday too, and stocks didn‘t mind. The…

Read More

Leave a Reply