The next big market scare might not be far away, but is hard to prepare for
The bond market is holding up a giant sign in capital letters warning of trouble ahead. Investors are on edge. .
Monday’s panic highlighted some odd breaks from what normally counts as a haven asset: The China-driven selloff was different from the usual market freak-out, as the dollar didn’t prove immune to fear. Meanwhile, high-quality stocks with strong balance sheets were punished as the outlook worsened.
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