KIO - Why The 10-Year Treasury Is Likely Headed To 3%
Even with Kim pulling off a switcheroo on President Trump in Hanoi last week, the stock market had very little negative reaction. A failed nuclear summit that had a lot of potential to ratchet down tensions on the Korean peninsula is disappointing, but the stock market took it like a champ.
Still, I would characterize the friction with Kim as a secondary concern for the moment, when it comes to investors in risk assets, while the Chinese trade deal and the Federal Reserve would be the top two concerns. The stock market is doing well