We doubt the recent rally in the S&P 500 will prove sustainable. Our view is that US real yields won’t fall much further and that the US economy will soon enter a recession, producing some more near-term pain for US equities.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services