Bloomberg Wall Street Week April 21st, 2023
Wall Street Week
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The Equity Market Ignores Recession Signals
Charmene Rachmani and David Bianco are back from the holiday break with their thoughts on what we've seen this week. The S&P 500 was down one tenth of a percent, while the yield on the 10 year moved up about five basis points to just under 3.57% by the end of the week. Charmine: Are there recession-flash signals flashing and is the equity market disregarding it? David: We actually don't think the bond market and the equity market are sending mixed signals.
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