Global Doves Expire: A Hundred Years Of US IP Give Bond Market Another Win

Jay Powell and those like him have no idea what’s going on offshore in global money. There’s your decoupling.

With IP one-third of the way through 2019 suggesting what it does, the only question left to answer is, just how sour? A partial reply is being provided right now by related markets. Rate cut(s) sour.

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Disclosure: This material has been distributed for informational purposes only. It is the opinion of the author and should not be considered as investment advice or a recommendation of any ...

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