AUTHOR
Mick Weinstein
Mick is the Head of Editorial for Covestor, a financial journalist and online content specialist. Prior to joining Covestor, Mick was for five years the Editor in Chief and VP Content at stock market analysis website Seeking Alpha, where he built the editorial function as the site attracted over 3.5 million unique monthly visitors and developed an innovative platform for intelligent stock market discussion. Mick is a graduate of the University of Michigan, Ann Arbor.
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Never in the past 140 years have bond and dividend yields been this low, together.
Possible Fed policy shift may be weighing on the minds of investors
Wall Street was anticipating today’s third-quarter GDP report to be a monster print, but the figure arrived even hotter than expectations. The report showed persistent consumer spending, which is anchoring hawkish monetary policy expectations despite the data providing favorable inflation news.