Finance and economics | Buttonwood
Peering into the entrails
Downbeat signals from the markets
ARE financial markets useful indicators of how an economy is about to perform? If they are, then they are not telling an upbeat story. This year equity markets are flat-to-lower, government-bond markets are up and, as for commodities, the “wrong” raw materials are falling in price.
This article appeared in the Finance & economics section of the print edition under the headline "Peering into the entrails"
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