1-M HIBOR vs. LIBOR rates now at lowest level since 2007!
Interesting how same spread disparity also corresponded with the market top for HK stocks.
Note:
HSI index peaked in 2018, and it’s now re-testing the upper bound of a downward trend. pic.twitter.com/YULlcT1J9K
— Otavio (Tavi) Costa (@TaviCosta) February 11, 2019
https://twitter.com/OccupyWisdom/status/1095294336366006272
Modern economy … We blame raising interest rates (2%) because we took so much debt because we THOUGHT the economy boom will last forever and housing prices will NEVER go down … I heard it some time ago… pic.twitter.com/q3PwAm6F8C
— GregTheAnalyst (@Analyst_G) February 11, 2019
https://twitter.com/MacroTechnicals/status/1095328030455562240
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