Chart of the week – Unemployment and stock/bond regime
Markets are largely priced for a US soft landing and, at face value, the October labour market data supported this view. But the short term news flow can be noisy. Focusing on wider trends and not specific data points is crucial for investors.
More from this week:
- Bond market volatility
- A new dawn for India fixed income
- A decent 2023 for the greenback
- Value beating growth in Asian markets