The Bond Market Signals Economic Slowing
Paul Nolte, Kingsview’s SVP, spoke with Reuters in regards to the slowing of the economy.
“The bond market is signalling an economic slowing,” Paul Nolte, portfolio manager at Kingsview Asset Management in Chicago, told Reuters. “That’s why you’re seeing defensive names like utilities do well, because equity investors are buying more in line with what that bond market is saying.”
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