The underperformance of most US stocks began in March… the same month Treasury bonds yields peaked and also began their downtrend.

#recession … #StockMarket #Bubble edition

The underperformance of most US #stocks began in March… the same month Treasury #bonds #yields peaked and also began their downtrend. 📉 t.co/9fugzpfw5G

— Invariant Perspective (@InvariantPersp1) December 2, 2021

#smallcaps #Russell2k $IWM #RTY_F t.co/JVBAwcVkbC

— Invariant Perspective (@InvariantPersp1) December 2, 2021