The Suppressed Economy, Impressive Earnings, U.S. Treasury Curve, Pandemic Watch I want you to think about how quickly the long end of the U.S. Treasury curve is moving.
Feb 22, 2021 | 07:38 AM EST
After The Winter (excerpt)
Where towers the cotton tree
An leaps the laughing crystal rill
And works the droning bee
And we will build a cottage there
Beside an open glade
And ferns that never fade
- Claude McKay (2003)
Pressure
I think, maybe that it was not just me. Financial markets are reaching for an inflection point. changing rapidly while equity markets for the most part stood in place last week. Don t get me wrong. Equity markets feel as if there is a need to sell off in response to what we see in both debt and commodities markets. Equity index futures reflect that yearning instinct overnight, right now as I type. Yet, there is also a fear that reigns in instinct. Fear of missing out? Perhaps. Fear of taking profits ahead of a fiscally fueled melt-up? Oh, we ha
ISLAMABAD: Former interior minister and senior PPP leader Senator Abdul Rehman Malik has said there are many challenges in Pakistan s politics and of those the biggest is to prevent horse-trading in.