Oh no… 😳 https://t.co/5WcbRF7GpJ
— Nomi Prins (@nomiprins) December 31, 2019
- The U.S. economy is “structurally less recession-prone today,” Goldman Sachs economists said.
- That calls comes just months after Wall Street feared that an inverted yield curve was signaling an imminent recession.
- Goldman cites five factors that pose a reduced threat to the “Great Moderation” that began more than 30 years ago and was interrupted only by the financial crisis.
https://twitter.com/NorthmanTrader/status/1212095778287697920
https://twitter.com/AndysCycles/status/1212079559950028800
Ethylene – one of the most used polymer for industrial use – seems not agreeing that much to the reflation narrative. Repeat after me, once again: global economy has not bottomed. pic.twitter.com/vBsXcKUwpG
— Gianclaudio Torlizzi (@TCommodity) December 31, 2019
Looks like the global reflation trade is proceeding as planned.
@SoberLook pic.twitter.com/oXhrIfyXsp
— Danielle DiMartino Booth (@DiMartinoBooth) December 31, 2019
https://twitter.com/GreekFire23/status/1212026943916392448
https://twitter.com/Hipster_Trader/status/1212003582976901125