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Fidelity: August Business Cycle: Stocks High, Yields Low?
FYI: In early July, the yield on 10-year Treasuries fell to a record low. At the same time, the S&P 500 Index broke out to a new all-time high. This update will identify the drivers of this peculiar rally and discuss how the global business cycle may affect this dynamic going forward. Regards, Ted https://www.fidelity.com/viewpoints/market-and-economic-insights/business-cycle-update-August-2016
