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Barclays analysts say that both higher, and lower, rates could turn US equities lower
Via a Barlcays note issed on Friday, analysts at the firm are warning o the potential for US stocks to turn lower, regardless of the direction of rates. They say that the yield on the 10-year Treasury is getting close to a point where, from a historical perspective, it begins to show a stronger trend with S&P 500 earnings yields::“we believe equities are facing a rock and a hard place depending on whether inflation or growth forces the central bank’s hand first: entrenched inflation will motivat...
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Posted: Oct 1 2023, 22:58
Author Name: forexlive
Views: 110543