Another strong signal on global collateral conditions coming again from Japan. Only this time it isn't only J-bills. The warning is being corroborated from around the eurodollar system. From US interest rate swaps to Italian bond spreads, the situation is really starting to resemble September maybe October 2022. Including what might be behind it all: energy crisis.
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 ...
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 particular security, strategy, or investment product. Investments involve risk and you can lose money. Past investing and economic performance is not indicative of future performance. Alhambra Investment Partners, LLC expressly disclaims all liability in respect to actions taken based on all of the information in this writing. If an investor does not understand the risks associated with certain securities, he/she should seek the advice of an independent adviser.
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