PremiumOvervalued Stocks Face More Downside As Bond Selloff Worsens
Authored by Simon White, Bloomberg macro strategist,
US stocks look stretched compared to Treasuries even after the recent equity selloff. That leaves them vulnerable to more downside as yields rise.
The S&P managed to latch on to a touch of optimism on Monday that tariffs will not be as bad as feared, and staged a 1.8% rally. But