Good morning, Opening Bell readers. Phil Rosen here.
It's not because I'm vegan, but I haven't bought eggs in months now. Thanks to inflation, a dozen eggs now costs more than a pound of beef.
Happy hump day, readers. I'm senior reporter Phil Rosen, writing to you from Manhattan.
Today we're going over why some of the most astute voices on Wall Street are advising a shift from stocks to bonds — and what we learned yesterday helps explain why.