This chart from Chris Watling of Longview Economics shows a huge break between bonds and equities since the US election – bond prices have accelerated their declines while shares, at least in the US, have turned sharply.
Chris is featured in this week’s Talking Finance podcast, and I discuss the implications of the chart in detail in my Overview, so it’s worth checking out both! What’s going on is a huge shift for investors that is likely to last some time.
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