Why Is The Stock Market Getting Rocked?

stock market

Last week the U.S. bond market got clobbered. This week it was the stock market’s turn. Which given what happened in the bond market is hardly surprising. Over the past decade we’ve seen the U.S. stock markets triple, primarily based on cheap Federal Reserve credit and unprecedented monetary easing. Now with rates going up that trend has reversed. In fact, when former Federal Reserve Chairman Ben Bernanke launched his controversial […]