Why is the stock market holding up so well?

by Philip Coggan/ FT
Global stock markets seem remarkably resilient. Investors have shrugged off a combination of rising bond yields, higher precious metals prices, geopolitical worries pushing up the oil price and the prospect of tighter monetary policy (in the eurozone and Japan at least).

In the past, this kind of climate has normally caused problems for equities. “Since the 1960s, when the 10-year Treasury yield, the 3-month Treasury bill yield and the consumer confidence index have all been rising, the S&P 500 index has followed by under-performing risk-free Treasury bill yields by 5.13 per cent annualised, on average,” says John Hussman, president of the Hussman Investment Trust.

Click here for the full article.

This entry was posted in Uncategorized. Bookmark the permalink.

One Response to Why is the stock market holding up so well?

  1. lazypig says:

    I read this blog. My hobby is to read blog to get investment idea. Indeed I got few everyweek.Author is a wealth Advisor. He helped people to accumulate wealth under different challenging situation. His advise is based on long term capital appreciation of a balanced portfolio with scientific risk management to reduce down fall. Please visit his website for some more free but interesting information.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s