It’s official. US 30-year yield just inverted vs. the Fed funds rate! Same warning ahead of the GFC, tech bust, the Asian crisis, S&L crisis, and 1980’s double-dip recessions. The only false signal, 1986. (Tavi Costa)

We now have the entire US Treasury curve below the Fed overnight rate.

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As world trade goes, so goes EM…( Variant Perception)

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Challenger Job Cuts Add a Support Pillar to Gold Foundation — Steadily increasing Challenger job-cut announcements support expectations for Federal Reserve easing, pressuring the dollar and adding support to appreciating gold prices.

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Lowflation has given a boost to valuations across assets

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