Ample liquidity? I have seen some people say the opposite, like Michael Howell pointing towards troublesome levels of liquidity atm. Curious to hear what exactly the liquidity levels are that you guys are monitoring
I fully agree that macroeconomists who are forecasting a reacceleration of inflation at this point are wrong. Very interesting what you say regarding deflationary headwinds, especially with regard to China's economic growth.
The divergence chart between oil and US bond yields is clearly an anomaly; I also agree that yields will pause at this level.
All indications are that we will have good performance in equities for the remainder of November and December.
Ample liquidity? I have seen some people say the opposite, like Michael Howell pointing towards troublesome levels of liquidity atm. Curious to hear what exactly the liquidity levels are that you guys are monitoring
Very interesting analysis!
I fully agree that macroeconomists who are forecasting a reacceleration of inflation at this point are wrong. Very interesting what you say regarding deflationary headwinds, especially with regard to China's economic growth.
The divergence chart between oil and US bond yields is clearly an anomaly; I also agree that yields will pause at this level.
All indications are that we will have good performance in equities for the remainder of November and December.