Commentary Russian invasions, skyrocketing inflation, Fed rate hikes, new COVID variants, you name it—financial markets are coming under siege by an army of factors that threaten everyone’s wealth. It’s a confusing time for investors. You hear one thing from the talking heads on CNBC and something completely different from the ones on Fox Business. Is the downside done in the market—time to buy the dip—or is there further to go? And if there is, how much further is possible? And as the FED raises rates aggressively to tamp down inflation, will that be the final straw for stocks? It’s a lot of noise to be sure, but the truth, is it’s not that complicated. The future of stocks boils down to one thing and one thing only: the inextricable relationship between bonds and stocks. Let’s take a look. The Bond Story Here’s the problem: U.S. Treasury debt yields are considered …
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