Hi Everybody
A lot of news this week, including of course the very hopeful achievement of Trump with North Korea.
On a longer time frame, the world LEI are showing a slowdown in the world economies and most notably for Europe.
Others signs of looming recession are:
Flattening yield curve the 10yY -2yY at 0.38% and the 30yY-10yY at 0.12%
Record Corporate and household debt.
Global M&As at new all-time high.
Rising Oil prices.
FED rising rate.
In conclusion we are in the late cycle of economic expansion, Bonds have peaked, next will be the Stock market and in the end the commodities. Keep an eye on the exit door.
HAPPY WEEKEND
A lot of news this week, including of course the very hopeful achievement of Trump with North Korea.
On a longer time frame, the world LEI are showing a slowdown in the world economies and most notably for Europe.
Others signs of looming recession are:
Flattening yield curve the 10yY -2yY at 0.38% and the 30yY-10yY at 0.12%
Record Corporate and household debt.
Global M&As at new all-time high.
Rising Oil prices.
FED rising rate.
In conclusion we are in the late cycle of economic expansion, Bonds have peaked, next will be the Stock market and in the end the commodities. Keep an eye on the exit door.
HAPPY WEEKEND
t.me/WilliamBond