Picture du Jour: Yield curve points the way for stocks

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A comparison of the US yield curve with the S&P 500 Index highlights a broadly inverse relationship, i.e. stocks fall when the yield curve steepens and rise when the curve flattens. Given the expectation that the yield curve may become steeper yet before the economy starts looking up, more downside may be in store for US stocks. […]

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It’s winter again, and we are discontent

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By Jeremy Gardiner

It’s still summer in Cape Town, but now that we are into March, there is definitely a slight seasonal change underway, which will finally manifest itself in cold and rain by June. Miserable weather will then follow for five months, and then just as you have finally given up […]

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