Stock and bond markets will see a 'year for non-consensus' in 2024, technical strategist says
Publishing timestamp: 2024-01-02 05:48:54
Summary
The article discusses the market being at a "behavioral inflection point" following the dovish Fed pivot. It mentions the potential for rough year for stocks and predicts that the U.S. 10-year Treasury yield will jump back above 5%. The article also discusses the rally in certain sectors and the potential for mean risk aversion on U.S. equities. It concludes by mentioning the potential for gold to continue to rise as a safe haven asset.
Sentiment: MIXED
Keywords: gold / us dollar spot, breaking news: markets, breaking news: economy, investment strategy, bonds, economy, breaking news: investing, s&p 500 index, u.s. 10 year treasury, business news, markets,