How This Happens
Well, I explained this during the late summer, and why I spend time with the saying “stocks for show, bonds for dough.” The difference in interest rates, around the world, added to the need to create earnings to pay for pensions, add up to a nasty combination.
That doesn’t appear…until it does. For now, as no match is lit, to be thrown into the tinder box, perhaps this will turn out to be nothing in the short run.
My description of how and why this occurs is explained in this simple(r) video.
Reminder that Jae’s Corner has been here, the whole time. Markets difficult, but not difficult to explain, as long as you realize “stocks for show, bonds for dough.”