A stock market record and rising economic worry? Wall Street has a name for that
BAD news is cheered. Good news makes investors nervous. Welcome to Wall Street. The S&P 500 rose above 3,000 for the first time in its history on Wednesday, with gains that continued early Thursday.
The bond market is trying to tell us something
LET'S face it: Bonds are boring. Usually, stock markets are the source of hyperventilation and headlines. But right now, all the action is in the bond market. It is sending powerful signals that there's trouble ahead for the US economy. They're powerful enough, in fact, that they're even...