2min chapter

Bloomberg Businessweek cover image

The Yield Curve Is Signaling Slowdown in Inflation

Bloomberg Businessweek

CHAPTER

The Optimism Market: A Catch-Up Trade

We're up already 27% from the bottom on the S&P, and if we end up going up another 5% back to the peak. It will have been the third quickest recovery in all time of a bear market. Ed Heimann says this is a max momentum market. But it sounds like you don't buy it. You think you're going to get 10% per year for the next three to five years? That's a stretch.

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