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Stocks fell and bond yields rose as concerns over the U.S. deficit and credit rating downgrade shook investor confidence.
Deteriorating consumer sentiment is a sign that the US risks a "self-fulfilling confidence collapse," Doug Ramsey said.
Remember when the market was obsessed with the 10-year to 3-month Treasury yield spread as an economic indicator. Nicholas Colas, founder of DataTrek research does. In a note emailed on Wednesday, Col ...
The boss of Wall Street’s biggest bank fears that extreme complacency crept into the market as investors shook off last month ...