Daily Archives: August 16, 2019

The Bond Market’s All-In On Its Recession Forecast

Mounting recession worries of late have taken a bite out of stocks, but heightened fears that an economic contraction may be near has lit a fire of buying for US bonds. Long bonds in particular have soared recently, delivering stellar results, as shown by a set of exchange-traded funds representing the major slices of the US fixed income market.

Continue reading

Macro Briefing | 16 August 2019

Trump defends his economic policy as recession worries mount: Reuters
N. Korea launches missiles and rejects talks with S. Korea: BBC
Economists raise US Q2 GDP growth outlook to median +2.1%: CNBC
St Louis Fed President: inverted yield curve bearish only if it persists: CNBC
US jobless claims rose to 6-week high last week: MW
US homebuilder optimism strengthens in August: HousingWire
US manufacturing output fell in July following two months of growth: Reuters
Fed bank mfg surveys strenghen in August: CNBC
Retail sales in US increased 0.7% in July, a four-month high: MW