Gekko

THE ominous creaking you hear in the foundations of the stock market isn’t in the pull and tug of the equity bulls and bears.

No, the danger lies in what was once considered an investment alternative to the stock market: the bond market. In recent weeks, we’ve been showered with what should be good news for the bond. The housing market is weak, prices are staying low, oil is weak, and gold has been drifting down. Real wages went down in October. Bad news for most people generally means good news for the bond market.

JD

About the Author

John Dizard

THE ominous creaking you hear in the foundations of the stock market isn’t in the pull and tug of the equity bulls and bears.

No, the danger lies in what was once considered an investment alternative to the stock market: the bond market. In recent weeks, we’ve been showered with what should be good news for the bond. The housing market is weak, prices are staying low, oil is weak, and gold has been drifting down. Real wages went down in October. Bad news for most people generally means good news for the bond market.