Global Valuation

GLOBAL MARKETS CALL: Will The Bull Market Survive Higher Oil Prices & Bond Yields?

The price of Brent crude is back above $100 a barrel. Government bond yields are rising nearly everywhere, with the 10-year yields of Australia and the UK both above 5.00% and the US’s at 4.97%. Either development would normally be enough to break a global bull market in stocks. Neither has so far. That's because corporate earnings keep climbing. The Fed, the Bank of