Moody's: Bonds And Stocks Overvalued, Watch Out For Liquidity EventMark Melin
On yet another positive day for the stock market in the face of major macro headwinds from French elections to war with North Korea and potential for compromise not to be reached on a budget deal, there are two separate issues that will likely tear down the bull market run, a Moody’s report noted. One of those events would have bond yields rising slightly above levels seen this past March 6, 2017.
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