Today’s article explains why the Negative Nancy’s may be wrong when it comes to the future…of the stock market that is. Here’s what they had to say, “High-yield bond weakness has led investors to fear that a recession or bear market may be forthcoming. Widening of high-yield bond spreads (the spread between yields on high-yield bonds and comparable U.S. Treasuries) preceded the start of the stock market downturns in 2000 and 2008, causing many to ask if the latest bout of high-yield weakness portends another downturn.” To read more, CLICK HERE.
