Market is just thinking: « Bad data = low rates => BullMarket ». No fear of recession so far.#Economic Data keeps getting worse.
ADP numbers, JOLTS, #US GDP in Q3 revised down…
I hate the recent Market Time of bad news = good news. So disconnected from reality and flowing liquidity into the system. Which is eventually going to destroy the entire system…
Surprising. How come nobody was talking about this? Oh wait, I was.
Yield curve looks like it will win again.
I hate the recent Market Time of bad news = good news. So disconnected from reality and flowing liquidity into the system. Which is eventually going to destroy the entire system…
Capital flow tells the entire story.