Bloomberg Wall Street Week April 21st, 2023
Wall Street Week
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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