When #CentralBanks tighten this much something often goes wrong! Bring on QE4 …err and QE5 And fast!! pic.twitter.com/qtzA8BvmlQ
— CrossBorder Capital (@crossbordercap) October 14, 2019
The traditional #yieldcurve has a flakey track record. Here’s a better measure, but it’s not looking great…
Beyond The Yield Curve …. D* or The Maturity Where Term Structure Convexity Peaks (Advanced 15-months) and US PMI Manufacturing, 1986-2019 pic.twitter.com/niiz818qpV
— CrossBorder Capital (@crossbordercap) October 14, 2019
So we know #FederalReserve's next move. Each time US$1 trillion money market threshold breeched (equivalent to bank x/s reserves of US$1.5 tr) bad stuff happens. More QE coming… pic.twitter.com/RQmhh3J083
— CrossBorder Capital (@crossbordercap) October 14, 2019