GGM - Why Lower Rates On Treasury Bonds Won't Be Good For Stocks
I want to share a point of view about what's moving the markets that pushes back on a point of view reflected in a post Thursday after the close by a Seeking Alpha editor. The point made was that:
A drop in bond yields today offered some relief for stock traders, who have been cautious since yields shot to multi-year highs last week...
I disagree, and think that a brief missive to present an alternative point of view that may explain the trends in force lately may interest some readers.