Italian Bonds Are On Fire
Meanwhile…
Meanwhile…
If you’re not excited, well, get excited.
Where’s the bottom for yields?
Here we are – walking into meetings with America’s closest allies and proudly pointing at bulging binders.
Things have taken a wholly unfortunate turn into month-end.
“Treasury continues to urge China to enhance the transparency of China’s exchange rate.”
As night follows day…
Obviously, the macro narrative is a train wreck, but…
“What I care about is a Trump-like revolution.”
Donald Trump likely won’t be in a good mood as the new week dawns.
It was raining in Milan on Saturday when Marine Le Pen addressed the crowd.
“It seems to us the war is indeed spreading beyond tariffs”.
Good luck sorting out what’s in the driver’s seat.
Now we’ll all wait on the inevitable tweets.
“Shouting our mouths off.”
“That’s the final warning.”
“The government debt and deficits scolds are just plain wrong, in our view.”
This ain’t nothin’ – so to speak.
Powell back on the hot seat.
“MMT seems to evoke a visceral gagging reflex from most finance-types.”
“…the whole credibility of monetary policy hinges on that.”
Delayed. Indefinitely.
There’s good news and bad news. Which do you want first?
At this juncture, it’s probably just a matter of what “breaks” first in the “everything rally”.
“[There are] two key signals from this quarter’s survey”…
You must be logged in to post a comment.