Between now and the recognition of recession, we expect a lot of market volatility. The bond market has already suffered the sell-off as it repriced to the "forward guidance." From last week's (ended April 22) equity market action, it appears that recession chills there have just begun.
Between now and the recognition of recession, we expect a lot of market volatility. The bond market has already suffered the sell-off as it repriced to the "forward guidance." From last week's (ended April 22) equity market action, it appears that recession chills there have just begun.
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