Stock market supercharge waits on the sideline

As the US and China signal improvement, stocks and bonds are starting to price in decent economic growth. But markets are likely to be particularly fickle as they countenance a swing towards equities.

The US is continuing to create jobs at a solid pace, stock prices are rising and government bond yields are starting to increase despite the almost unlimited buying from the US Federal Reserve which is designed explicitly to keep bond yields at low levels.


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