U.S. Treasurys at ‘critical point’: Stocks, bonds correlation shifts as fixed-income market flashes recession warning

The ‘Mother of All Bubbles’ popped. This strategist sees a recession coming.

If you suppose the Federal Reserve wouldn’t dare preserve rates of interest excessive and danger throwing the U.S. economic system into recession, Keith McCullough want to have a chat with you. He’s satisfied that 2023 will carry a U.S. company revenue recession and a credit score crunch as companies battle to acquire financing and pay down debt.

Like many market analysts, the CEO of Hedgeye Risk Management spent a lot of 2022 criticizing the U.S. central financial institution for permitting inflation to get out of hand, after which compounding its mistake by elevating…