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Caroline Baum: Stocks predict boom, bonds predict gloom, — which signal should you believe?


The yield curve has a much better record of forecasting recessions. The stock market is positively giddy about the prospects for the U.S. economy and corporate earnings. The bond market is telegraphing gloom and doom. Who’s right? Stocks logged their best quarterly performance in nearly a decade in the first quarter of 2019. This comes in the

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Posted: April 4, 2019 Thursday 09:58 AM