
Risk
Could the 3% Yield Be the Trigger for the Bond Rally?
One school of thought: the 10-year Treasury hitting that level signals a growth slowdown.
Corporate profits are falling back to a more normal pace (absent some nightmare scenario intruding).
The kings of the tech realm have suffered stock slides but still command powerful advantages.
That has happened just once since 2009, but CFRA’s Stovall expects a re-run.
It’s not pretty: History shows that this bad combo pares equities’ median returns by 2%, Goldman says.
UBS touts a list of what it thinks are the best companies able to keep demand cranking even as they charge more.
Companies, tightfisted on payouts since last year’s market wipeout, feel flush now, Credit Suisse says.