US stocks could be on the verge of a new rally as bond pessimism reverses and yields plunge amid fresh conflict in the Middle East

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people wearing sunglasses on stock nyse floor

REUTERS/Brendan McDermid

Howard Marks warns more companies will default as they feel the full force of the Fed's inflation fight

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Howard Marks of Oaktree in front of an Oaktree label on a white filing cabinet.
Oaktree Capital Management cofounder Howard Marks.

K. Y. Cheng/South China Morning Post via Getty Images

China's $10 trillion hidden debt mountain could be the 'ticking time bomb' that Joe Biden warned of

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Chinese surveillance camera
The Chinese national flag flies behind security cameras on Tiananmen Square on June 4, 2012 on the 23rd anniversary of China's crackdown of democracy protests in Beijing.

ED JONES/AFP via Getty Images

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