BLOOMBERG Bloomberg Real Yield July 13, 2024
Uncertainty against signs of easing geopolitical tensions. There is still a lot of concern geopolitically involving the global macro backdrop. As soon as we get across this brexit valley and trade war valley, things will settle down effectively. Manufacturing is weak globally. Trade uncertainty, brexit uncertainty. But you are starting to see pmi and the orders inflect a bit. You are at this Inflection Point where you are starting to get better geopolitical news. The mood can improve quickly, and that means Economic Stabilization in 2020. Weight it out. Wait it out. Ultimately, a little bit be...