The generational paradigm shift taking over markets

(Image: Getty)

Thu, 07 Sep 2023

By James MackintoshFor most of the 20th century, stocks and bond yields moved in opposite directions. They’re doing it again after a two-decade break.You know the drill: Bad news for the economy turns out to be good for stocks, and good news becomes bad. It’s happening again, and it’s all thanks to inflation – or, more to the point, worries about inflation.The latest example was the surprisingly weak job openings figures last Tuesday, which showed more than half a million fewer vacancies than economists had forecast and...

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