US Bull, China Bear
Moody's Talks - Inside Economics
00:00
The Bottom Market's Right in Equity Markets Wrong
The yield curve has widened, but not that much to make it a particularly attractive investment opportunity. The equity market we know is can be quite volatile. It's not a great predictor of recession. So I would tend to follow more via the bond market. And there the signal does seem much more pessimistic in terms of the probabilities.
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