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Inc Mag: “The Stock Market and Bond Market Aren’t on the Same Page”

By datatrekresearch in IN THE NEWS Inc Mag: “The Stock Market and Bond Market Aren’t on the Same Page”

Excerpt from Inc Magazine and Opening Bell Daily quoting DataTrek:

.... "Nicholas Colas and Jessica Rabe at DataTrek Research — who have been on fire with their analysis lately — pointed out Monday that neither of the two prior downgrades preceded a recession. 

In fact, both lined up with long-term bull markets for stocks.

“Rating agencies play a critical role in capital markets, but their decisions about US sovereign debt have never signaled anything useful about future asset prices,” Colas and Rabe said"....

Full article here on Inc Magazine.

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