BLOOMBERG Bloomberg Real Yield July 13, 2024
The real key here is the Global Growth bottom. Data has bottomed out. The data has been decelerating for the last year, 18 months. That is coming to an end. Confidence is rebuilding. The data has been bottoming. It is not 100 . All we are looking for markets to go hire is for the Global Economy to revive and overall trade issues do not get worse. If trade negotiations fall urart right now and face fo tariffs go in, you cannot tell me that the data will not get worse. You either get a phase one deal, which is fine, or it falls apart, and we go into phase one phase four tariffs, which is bad. Jo...