VCSH - 'Don't Worry Be Happy' Says Bond Market
If you're an investor whose emotions and trading bias are heavily influenced by news headlines, you're probably feeling quite jittery right now. Reports of a slowing Eurozone economy, combined with a lack of a trade conflict resolution between the world's two biggest economies, would certainly justify sleepless nights, that is, if you believe that headlines are predictive. Fortunately, though, we have a much more reliable indicator of how the U.S. economic and financial market outlook is likely to turn out than the news. I'm referring to the bond market, which is flashing one of its