The Higher Yields Go, The Less Attractive Risk Assets Become

The higher yields go, the less attractive risk assets become, notes Nathan Peterson. He and Cooper Howard discuss takeaways from this week's market weakness. Nathan notes that the bull case is that the economy is strong, a soft landing is achieved, and the Fed is done tightening, while the bear case is that higher yields make stocks less attractive and more expensive on a relative basis valuation. Cooper highlights that Jackson Hole isn't likely to result in a surprise by the Fed. he expects Powell to reiterate the points he made following the September meeting and is unlikely to announce a shift in policy. Tune in to find out more about the stock market today.