Stocks vs bonds - who is right
https://www.schwab.com/resource-center/insights/content/market-perspective?cmp=em-QYBKey Points
U.S. stocks continue to trend higher, indicating investor optimism about economic growth, while a flat/inverted yield curve has tended to herald a weakening economy—the truth may be somewhere in between.
Mixed economic data continues into the second quarter, and earnings season has just begun. A negative quarter for S&P 500 earnings is expected, but it’s not only whether the bar has been set too low that will be important—but what the tone of the forward looking commentary suggests about the broader economic outlook.
An international economic barometer is approaching a historically critical level, while Brexit drama is extended.
