If You’re Not Safe In New Zealand (A Pair Of Reminders)

If You’re Not Safe In New Zealand (A Pair Of Reminders)

Amid a back-up in yields stateside and ongoing upside "surprises" in key data points both in the US and abroad, it might be tempting to suggest the world isn't completely falling apart anymore. If you're inclined to say as much, hopefully you're correct. While it's refreshing to see some optimism creeping back into the narrative (which is becoming incrementally better aligned with euphoric risk assets), it's important to keep one foot in reality. In that regard, Wednesday served up a pair of r
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