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US Economy Slowing Slipping into Recession, But Not There Yet :: The Market Oracle ::

Market Overview Analysis by Michael Pento covering: XAU/USD, Dow Jones Industrial Average, US Small Cap 2000, Target Corporation. Read Michael Pento's latest article on Investing.com

The global sovereign bond market is fracturing, and its ramifications for asset prices cannot be overstated. Borrowing costs around this debt-disabled world are now surging. The long-awaited reality check for those that believed they could borrow and print with impunity has arrived. From the U.S., to Europe and across Asia, February witnessed the biggest surge in borrowing costs in years. Thursday, February 25, 2021, was the worst 7-year Note Treasury auction in history. According to Reuters, t...

The global sovereign bond market is fracturing, and its ramifications for asset prices cannot be overstated. Borrowing costs around this debt-disabled world are now surging. The long-awaited reality check for .03/10/2021 19:37:34PM EST.