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Weekly Market Recap: Is This The Start Of A 3-10% Market Pullback?
Stocks & bonds both declined this week as more earnings announcements came in and Fitch made a surprise downgrade of America's credit rating.
Portfolio manager Lance Roberts & Wealthion's host Adam Taggart discuss those developments in this week's Market Recap, along with: 1. Is a 3-10% pullback in stocks now underway? 2. What are we learning about the health of corporate American now that more earnings are coming in? 3. What will be the impact of the Fitch downgrade to the US's credit rating? 4. With bond yields rising, is the long bond/TLT trade in danger? 5. How big a hit would it be to…
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