Gerald Connor / October 30th, 2018
Structural Bond Bear?
Each quarter, we write a commentary about the stock market which generally has a pretty near-term focus. In our most recent piece earlier this month, we reiterated a positive outlook for equities as long as a recession or tight monetary policy can be avoided.
However, if you step back from the day to day barrage of facts, there are some longer term factors and issues which we’ve identified and explored regarding the direction of interest rates and are monitoring in the context of the direction of the Fed’s policies and the economy.