Stocks And Bonds Are OUT OF WHACK: How To Weather The Economic Storm That’s Ahead Of Us
The world markets are now in uncharted territory. The U.S. and much of the world are emerging from a period of historically low interest rates: zero and even negative interest rate policies were in full effect during this time. Now, however, normalization is under way; the fed funds rate is approaching 1.75 to 2 percent, and the U.S. 10-year T-note yield is close to 3 percent.