“Fatalistic” Markets Give In To Summer Lull, Crude Chaos, Washington “Horror Show”

“Fatalistic” Markets Give In To Summer Lull, Crude Chaos, Washington “Horror Show”

Richard Breslow is back off the weekend, and his Monday missive is a trip across markets that he thinks have gotten a bit too fatalistic of late. That is, whereas just a few months ago everyone was searching for canaries in coal mines, now everyone seems to have resigned themselves to the inevitability of a future characterized by a slumping dollar, plunging crude (remember, those two things are no longer mutually exclusive), and a collapsing yield curve. Of course some of this might not be fa
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