Why Clinton or Trump Could Face a Stock Market Nightmare

According to Fitch, the volume of global government bonds trading with negative yield has crossed the $10 trillion mark for the first time — representing about 20 percent of the total. Yield curves, or the difference between short- and long-term yields, have inverted in Japan and elsewhere — one of the strongest pre-recession warnings signals in existence. Inflation expectations, also derived from bond market pricing, are dropping fast.