
Still No ‘Motive For Murder’?
After Tuesday, you might be in need of a palliative vis-à-vis your growing sense of angst about what effect the ongoing bond rout will have on your previously bulletproof collection of grossly overvalued equities.
As you're aware, there was nowhere to hide on Tuesday. It was a bloodbath. Or at least what counts as a bloodbath in a world where the MSCI World and the S&P have both set records for the longest stretch without a 5% correction.
The proximate cause for Tuesday's (relative) carn