Surveillance: Yield Forecast with HSBC's Major
Bloomberg Surveillance
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The Disparity Between Bonds and Stocks
David Bailin, Chief Investment Officer at City Global Wealth: It is not easy to be an investor right now. He says we're sort of two thirds through the bear market and what's standing between us and our recovery in portfolios is recognition of what earnings are going to be. Bonds seem to be pricing in rate cuts on the heels of credit restriction that really just escalates throughout the year he says.
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