TSX:AX.PR.E - Post by User
Post by
Torontojayon Aug 01, 2024 7:42am
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Post# 36157769
Flight to safety
Flight to safety Bonds outperform stocks in times of a recession.
The 10 year treasury yield is plummeting which is signalling that the S&P may have peaked. Tlt's are up over 5% in the last month. I will be looking for further deterioration in the labour market which will likely result in stock market declines.
Interest rate cuts almost always indicates that stock
prices are headed lower.