Today, OECD released its global leading indicators hinting that the global economy turned a corner in October moving from the contraction phase and into the recovery phase
Global stocks, 10Y TSY yields and the US dollar dropped for a second day on Tuesday, amid what conventional wisdom said was "caution over a Dec. 15 deadline for the next round of U.S. tariffs" as well as looming central bank meetings and UK elections. The real concern: another repo market crisis.
“This historic run may defy the expectations of many, but it comes as no surprise to small business owners who understand what a supportive tax and regulatory environment can do for their companies,”
US net farm income this year will climb to its highest level since 2013. This is very significant as US farmers are not faring nearly as poorly as many pundits and media outlets continue to often report.
Oil markets are digesting the latest OPEC announcement on production cuts this week, while regional LNG prices converge and nickel continues on a bearish streak...
Black swan events are the unknown unknowns that no one can even envisage, let alone predict... But their close cousin – grey swans – can enter our imaginations...