Stocks have actually held up remarkably well in the face of a weak bond market, but I’m not sure they can ignore the situation for much longer. In today’s Closing Bell video I show you a long-term chart of the US 10-year bond yield so you can see how rapidly rates are rising and the fact that the current move higher has broken a multi-decade downtrend in yields. Enjoy…
Only 40 stocks in the ASX 200 are in the green this month. Markets are blaming rising bond yields. So where do things stand? Will interest rates remain ‘higher for longer’ and further depress stock valuations? Or will the economy buckle under the high interest rate regime, forcing central banks to cut rates? And will that really be a boon for markets (hint, no, it won’t). Are we entering a new bear market? And is there still room for a skilled stock picker to snag bargains? Greg Canavan and I covered all this and more in the latest episode of What’s Not Priced In.
After two years of steady selling pressure in the mid-, small- and microcap space, I reckon we are entering the final capitulation phase where punch drunk investors sell stocks at any price just to get out and end the pain. Check out the Closing Bell video above where I show you why I think the S&P 500 could be close to a 9% fall and where the ASX 200 would drop to if that happens… and explain why another wave down will take prices into a major buy zone.
In today’s Closing Bell video, I show you a bunch of stocks that are a shadow of their former selves. It is getting to the point where astute investors should be starting to lick their lips knowing that they will be able to pick up these companies for pennies on the dollar. The graphite and lithium stories aren’t dead. Decades of increasing demand are still coming down the pike. And uranium is still tracking well. This is where you look for opportunity…
Consensus is now firming that interest rates will stay ‘higher for longer’. But when consensus forms in markets, it’s time to listen to your inner contrarian. The mantra of ‘higher for longer’ may be superseded by ‘lower and sooner’. What’s not priced in? As household savings dissipate and consumer demand falls, central banks could end up cutting more than expected in 2024…
Greg Canavan has been looking into the cost and implications of Australia’s energy transition to renewables from both an economic and political perspective. He’s interviewed a number of people who are sceptical of this transition — including Rob Parker of Nuclear for Climate Australia, and former Liberal Senator and founder of the Australian Conservative party, Cory Bernardi. In this video, Greg interviews Professor Ian Plimer.
Fat Tail Daily is brought to you by the team at Fat Tail Investment Research
Copyright © 2026 Fat Tail Daily | ACN: 117 765 009 / ABN: 33 117 765 009 / ASFL: 323 988
