Beware Once Again of the Barron's Front Cover!
Just how many of these proverbial “kisses of death” are we supposed to withstand?
Highlights
Beware: double tops in the stock market are a feature of cyclical downturns
The Fed has set the table for a sustained bond bull market
Global bond markets are repricing the sequence and pace of central bank rate cuts
The U.S. consumer is running out of road as excess savings dry up
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