AnCaps
ANARCHO-CAPITALISTS
Bitch-Slapping Statists For Fun & Profit Based On The Non-Aggression Principle
 
HomePortalGalleryRegisterLog in

 

 Citi: "There Is A Massive Problem" With The Bond Market

View previous topic View next topic Go down 
AuthorMessage
RR Phantom

RR Phantom

Location : Wasted Space
Job/hobbies : Cayman Islands Actuary

Citi: "There Is A Massive Problem" With The Bond Market Vide
PostSubject: Citi: "There Is A Massive Problem" With The Bond Market   Citi: "There Is A Massive Problem" With The Bond Market Icon_minitimeMon Apr 16, 2018 6:16 pm

Is the global economic recovery over?

That is the question investors are grappling with just as Q1 earnings season - the best since 2011 with its 18% Y/Y expected EPS growth - enters its busiest week yet. Meanwhile, as discussed here extensively in recent weeks, over the past two  months economic data from around the globe, but especially Europe and the US, has come in unexpectedly soft resulting in the first negative print in Citi's Global Eco Surprise Index, and now the most negative since early 2016...

Citi: "There Is A Massive Problem" With The Bond Market Citi%20global%20eco%204.15

... and, more notably, an inversion in the forward OIS curve - the first in 13 years - which as JPMorgan noted was the clearest confirmation that the US economy is very "late cycle", and that a conventional yield curve inversion (2s10s), a harbinger of recession, is not far behind.

https://www.zerohedge.com/news/2018-04-15/citi-there-massive-problem-bond-market
Back to top Go down
 

Citi: "There Is A Massive Problem" With The Bond Market

View previous topic View next topic Back to top 
Page 1 of 1

Permissions in this forum:You cannot reply to topics in this forum
 :: Anarcho-Capitalist Categorical Imperatives :: AnCaps' Laissez-faire Free Trade Zone-