Page 7 - John Authers News Today

Outlook: The rate cut frenzy is starting to swing! Bloomberg reports that “rate cut bets helped push Treasury yields lower as a surprise drop in UK retail sales added to the growing conviction that central banks are done with tightening.” Got that? Economics data from another country affected US Treasuries and thus the dollar.

Our philosophically inclined daily links

The PM has come home full of China’s ‘win-win’ rhetoric on trade. But the future is trickier than it was before the trade war.

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

They missed a mountain of bad bank debt, now analysts are trying to talk their way around a crisis in the outsourcing sector. 

It's the 36th anniversary of the Black Monday stock market crash. How do market conditions now compare to 1987? In some ways, they're worryingly similar.

Washington has been looking to focus on the China challenge, but now has conflicts to manage in the Middle East and Europe simultaneously.

The bond rout witnessed in global markets over the past three years, culminating in last week’s violent sell-offs, has been unprecedented.

When all the experts, data and opinions foretell outcomes that don't come to pass, you realise that no-one knows the future - and never has. But Sheryl Sutherland does point out that equity market growth is remarkably reliable in the human-scale long run

Perhaps many of you simply assume this at this point. But it's worth saying out loud before we get too much further into the election season.