David Tepper Asks “Why Are Stocks And Bonds Acting So Differently”

Jon Alternative Media, Blogosphere, Economy, Market Commentary

With bond and stock markets having recently bifurcated, signalling two distinctly different outlooks on the future of the reflation trade, the confusion among the “smartest money” persists.
Close up this looks even more divergent.
Friday was the 6th day in a row that The Dow and the Long Bond have
risen in price together… equal record longest streak (1989 and 1994)
As we noted last night, in his latest statement to Reuters, DoubleLine’s Jeffrey Gundlach sided with bonds, pointing out that “stocks are out of sync with the stealth flight to safety. Lots of hope built in” and adding that “the 10-year Treasury will go below 2.25 percent … not below 2 percent.”

This post was published at Zero Hedge on Feb 27, 2017.