UWM - Stocks Have Had Enough Of The Bond Rally
If there's one overarching theme that pervades almost all of the commentary I've read this week, it's that market participants have finally woken up to why recent escalations in the dispute between Washington and Beijing matter more than previous escalations.
Note that I didn't include the word "trade" before "dispute". That's because it's now clear that at least one party to this worsening quarrel has designs on curtailing the other side's economic development. In other words, this isn't just about righting historical trade injustices or leveling the proverbial playing field.
If you don't believe me,