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