Two Epic Bull Markets Are Dueling Over the Fate of Global Growth
- Opposing signals from stocks and bonds get even more extreme
- Equities see policy support, trade hope; bonds eye cool growth
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For all the shine and sophistication, for all the jargon, algos, robots and quants, financial markets are still only this: Buyers buying and sellers selling, times a billion.
Behind every trade -- perhaps far behind -- there is an actual human person. Two, in fact. And because humans disagree a lot, markets do too.