Recent news shows decision -making crossroads in the China-US trade dispute, in German politics and in Fed policy.
I want to use the news flow to highlight several issues that I am following that should have a major impact on the economy and financial markets in the next year. All of these topics are laden with risks that skew to the downside. And that…
Yesterday, the US Treasury yield curve inverted between 2- and 5-year rates. Right now, the 2-year is trading at 2.82%. While the 5-year is trading at 2.81%. So, the curve remains inverted.
This is my inaugural post on the new platform after I wrote you about changes I wanted to make. So, I hope this new platform is better than the old because it's being hosted at my old blog url www.creditwritedowns.com. Let me know your…
The Powell speech is over and the stock market is up on the back of it because people interpreted his comments as dovish. Was it though? It depends on where you're coming from.