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GLBY - Bond Markets Are Sending One Big Global Recession Warning
WisdomTree Yield Enhanced Global Aggregate Bond Fund WisdomTree Trust
"Bond markets are sending one big global recession warning"
You have to be kidding me!
This headline from CNBC greeted me this morning and appears to give us a significant reason for the Dow Jones, S&P and Nasdaq indices suffering a sharp decline today. It is just one more instance of media hype on two non-sure-things... a recession is imminent and that a recession is the "end of the world" (2008 revisited).
Read for yourself. The article is full of disclaimers such as: "Strategists say in order to signal recession, the yield curve cannot just