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Oct 22 2019

A Crescendo Of FEAR… And… CHANGE Afoot?

  • Oct 22, 2019

Despite a significant stock market rally, this year has been beset by escalating recession fears. The list of worries include broad-based slowing in the global economic recovery (centered in the manufacturing sector), a never-ending trade war, persistent political and geo-political drama, a chronic decline in global bond yields, a surge in negative yielding bonds, an inversion in the U.S. yield curve, and an expansion that recently celebrated a birthday which makes it the oldest ever in U.S. history!

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James Paulsen

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James Paulsen / Chief Investment Strategist

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