Institutional Investors Are ‘Enthusiastic About All Things American’ (But They Do Doubt The Fed)

The rest of the world is falling behind and the “synchronous global growth” narrative that defined 2017 and, together with “still-subdued inflation”, underpinned the low vol. regime, is giving way to a narrative about American exceptionalism. The threat of a global trade war doesn’t help. That's from "Heat Wave? One Bank Checks Their Heatmap For Signs Of A High Volatility Regime", a post that found Goldman taking a look at their current activity indicators in light of recent stumbles