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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.
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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.