FYI: .S&P 500 has worst week in a month as 10-year yields hit 3.2%
.Small caps fall for third week in longest retreat in 11 months
If there’s one thing the prophets agree on, it’s that the end will come in the bond market. Even for stocks.
Prophesies of doom are everywhere. There’s billionaire investor Stan Druckenmiller, who says our “massive debt problem” will ignite a crisis. Oaktree Capital’s Howard Marks warns that public and private debt will be “ground zero when things next go wrong.” And Citadel’s Ken Griffin sees a credit binge ending badly.
Regards,
Ted
https://www.bloomberg.com/news/articles/2018-10-05/all-the-nightmares-for-stock-investors-start-in-the-bond-market?srnd=premium
