Does it matter? Yes it does (on a tactical allocation horizon)
E.g. the Credit impulse vs. Commodities here.
AAAAAAAAAAAH! 😱 pic.twitter.com/9TZznjBP12
— AndreasStenoLarsen (@AndreasSteno) September 1, 2021
The signs are numerous. Day of reckoning is coming. pic.twitter.com/qZf59J52DM
— Puff Dragon (@PuffDragon11) September 1, 2021
— Henrik Zeberg (@HenrikZeberg) September 1, 2021
Damned if you don't; damned if you do.t.co/j5UwUpGGwg
— Michael Pettis (@michaelxpettis) September 1, 2021
US economic surprise index
the dovish comment from the FED hasn't changed the macro view.. the US economy is slowing down and accelerating pic.twitter.com/Z2NUpf6Z0O
— 🅰🅻🅴🆂🆂🅸🅾 (@AlessioUrban) September 1, 2021
The world's two largest economies and their markets shouldn't be this disconnected. t.co/gfWY297b5Q
— Tony Nash (@TonyNashNerd) September 1, 2021
The Nasdaq 100 and S&P 500 ETFs are up between 20 and 25 percent on the year! But while it’s felt like a risk-on kinda year, there’s been one missing ingredient: Junk Bonds. Something isn’t quite right…
Federal Reserve officials are moving on to their next big policy debate: defining their “broad and inclusive” maximum-employment goal that they have pledged to reach before raising interest rates.With Chair Jerome Powell and colleagues paving the way to slowing their massive asset-purchase program this year, attention will turn to when they will hike rates…
Euro zone inflation is at risk of overshooting the European Central Bank’s projections as the temporary factors behind its recent spike could seep into underlying price growth, Bundesbank President Jens Weidmann said on Wednesday.
Canada’s GDP unexpectedly went negative for the second quarter following huge monthly negative revisions with no explanation.